Sam Edgin
1031 exchange tenants In common question
Hello everyone. So I want to purchase a trailer park with a partner. We would be going into the property as tenants in common and both have 50% ownership. My question is pertaining to what happens when we decide to se...
Avi Swain
College Degree Question (Looking for adult help)
I'm currently in high school and I'm researching colleges. College really isn't a choice in my household so I have to do it. Fortunately I do have the luxury of my parents paying for it but I still have a question:Wha...
Tim Bellnier
Painting a brick ranch to flip - previously painted
I know most will suggest not painting brick but I don’t think pant removal is in the budget and when I look at the side not painted already, I’m not impressed with the appearance of the brick.Also, it is on a dead end...
Saman Jafari
What DTI is too high to get 2nd mortgage approved?
Hi all, I’m in a dilemma with 2 choices:
Either get a conventional loan w/ 5% down payment and get a residential place or buy a cheaper rental property in another state that flows more cash. even though the former ch...
Josiah Hrusch
Sell Or Rent property
Purchased a SFH for 180,500 for $12,000 using a loan. Put in $6,200 for cosmetic rehab. I can sell the property for $230,000. But I can also rent the property for $1600 a month or air bnb it out. Thoughts and opinions...
Scott Bennett
When to put rental properties in an LLC ?
In NH I own 3 condos , two multi families , 1 mobile home , and currently own the mortgage on a condo I sold. The 3 condos and one 3 family are owned outright. My question is should I ? Or how important is i...
Nick J.
Would You Be Interested?
BP Nation, a thought just came across my mostly empty brain. It started as a pre-thought(if that's even possible) when I got an email this morning and realized I was less than impressed.
Some of you know that I'm at...
Barrett Lund
Lost All Faith in Contractor - What Are My Options?
Apologies in advance if this is the wrong area to post. I am pretty fed up with my contractor and would like some advice on what my available options are. I started the renovation/remodel of my four unit complex in Ap...
Rogelio Andres Jimenez
BTR Cash-Out Strategy
Hello!What are the key factors to consider when deciding on the most suitable loan type to cash-out refinance a newly completed house? Would a DSCR Loan, Conventional Loan, or Bank Statement Loan be the best choice to...
Derrick Choice
Newbie Questions
Hello BP members and friends. I am a new born when It comes to REI. I work a full time job as a teacher and HS Football coach. Anyway, I want to get started in Investing but really don't know where to start, or where ...