Hello BP,I am currently in the process of transferring my first multi-family property into an LLC. As with any first in this world, it’s an intimidating process, and I have two questions before I dip my toes any furth...
I am in the process of building a vacation rental on a four season resort. It is funded by a construction loan and will transition to a mortgage around January. My concern is that my DTI is not great and I won't be ab...
Does anyone have experience buying on Hubzu.com where maybe you can explain the process to me a little better? I found a house by driving through the neighborhood. At the time, the house was not listed for sale, it wa...
BP Nation:
In this time of uncertainly, many real estate investors are putting deals on hold waiting for any sign of stability. Personally, I have increasing concern surrounding my existing properties. I am an out of...
Tired unsophisticated landlord who wants out on all 9 of current units (4 duplexes and 1 SFH). Properties were acquired in early 2000s on 30 year fixed mortgages. The seller is losing money on roughly half of the unit...
Hi BP Nation! Has anyone invested in Hazel Park, MI? What are the best neighborhoods to live and/or rent in? More concerned with the best rental neighborhoods.
Thanks!
My husband died a few years ago. I have since been renting out rooms in my home in order to make the mortgage. It has been going ok until now. I have had the usual move in and move outs, but with a security deposit...
I'm in process of making first few offers and I'm trying to do my due diligence and discover true rental income numbers from seller. However, when I've asked to see these numbers before making an offer the seller/agen...
I have moved both parents in with me. We are now clearing out their old home that they lived in for over 60 years. Before selling the home, they want to complete repairs and updates (est. $60k). Home in the area a...
Hi BP,I am looking doing some preliminary analysis on a few small multi-families (2 -3 units) and have noticed a number of multi unit homes that are from the 1840s - 1900s that appear to have decent Cash on Cash ROI. ...