Eli M.
Is there a need for Interior Design
Dear BP family,
I was wondering, how many of you who do a full rehab on a rental property actually hire an interior designer to help out with the layout and floor plan?
thank you!
Kyle Curtin
Running numbers by public record bedrooms or rented bedrooms?
Hi guys!,I have a question that I would love to hear the communities thoughts on! So I have an off market opportunity to purchase a 4 family in a nearby market that has 9 bedrooms on public record. HOWEVER,The landlor...
Ondrej Brown
FHA Loan 15 Year Fixed or 30 Year Fixed ?
I Want to do the FHA Loan process. What fixed would you guys recommend ? I know certain number varies ; especially depending on how much a person wants to pay a month.
Phillip Daly
Rolling a home into an LLC
A partner and I own a 22 unit complex under an LLC. We recently purchased a house and plan to purchase it under 1 of our personel names so we can take advantage of 30 year terms. Our plan is to roll the house into o...
Account Closed
Owner financing my 400k house
Hello everyone,If I own a $ 400k property outright, how can I owner finance it?What would be a feasible interest rate and down payment for this property? What would be my monthly check?I would need to consider a 30 ye...
Matt Maluchnik
Investing for cash flow?
When someone says they 'invest for cash flow', what do they mean by this? Does that mean they don't look at specific return factors like IRR and/or Cash-on-cash return?
Or do they mean they never consider debt pay d...
Danick St jean
Who holds the earnest funds
Who holds the earnest money the buyers attorney or the seller's attorney. If the property is in a different state from where the buyer is , can we use the buyers attorney or the attorney in which the state the propert...
Brady Stout
One property owned by 2 LLCs - How to setup banking?
Hello,We are in the process of a 1031 Exchange. We are selling 2 properties that are each owned by different LLCs and will be buying a single larger property. Because of the 1031 Exchange rules, we will need to buy ...
Eric Williams
LLC Concepts Recently Learned
I thought I would share some new concepts I learned.
LLC as a Contractual Arrangement
So numerous cases have cited LLCs as "creatures of contract." One case described that contract as occurring between the members...
Derek P.
Rebuild or tear down porches
I just bought a duplex (up/down) and the porches could use some repair/rebuilding. As a buy/hold investor, would you rebuild them or tear them down? It could be one less item to maintain/repair in the future, but the ...