My current primary residence is worth $250,000-$275,000 and I owe $118,000. We just closed on a new home and didn't have time to refinance the current primary due to other loans closing. Now we need to pick our best r...
I recently established an Illinois Series LLC. I created a series for each rental property (single-family homes). I also created a "management" series that will sign leases, collect rents, and make repairs.I am in the...
Hello all,I am looking to put financing on a rental property I own outright through my LLC. I am told I will need to move the property into my name to do this. I would like to move the property back into my LLC afte...
Does the Biggerpockets community have a preference for window brands for flips or long term rentals? Are they the same window?I am on my third deal and have already bought all and installed most windows for this deal ...
Hey BP family!
I just got my first rental property right outside of Port Richmond. I close on December 15th. Very excited to begin this journey! However, I really want the mortgage to be under my LLC instead of my ...
I am refinancing a portfolio and instead of a cash out refi, I am pulling a property out of the loan that equals the equity in the portfolio. My loan amount stays the same + plus closing costs and a higher interest ra...
What recommendations does anybody have for Rental Management Software? Let me know what the Pros and Cons are. I appreciate any help.
Hello,I have applied to two banks for purchasing a duplex as a primary property (live in one unit and rent the other). I am told that minimum down payment accepted for a duplex as primary is 15%. In order to do only 5...
Hello BP family,My team and I are constantly looking at potential small multifamily deals and every now and then something pop ups in the Historic Districts, with the buildings being 1940s and older. Any suggestions o...
What deductible is typical for single-family rental properties? I have some companies that won't quote me anything less than 3% whereas other have quoted 1%.