Karl Hudson
Mortgage for Rental Property with a Partnership
I currently own two rental properties. I also own an unrelated business that is an LLC Partnership made up of four partners. The partnership would like to go in with me on my next rental property purchase. I feel like...
Ray D.
New Member - One Investment Unit - Advice for 2nd Needed
Hello Everyone! I am a new member here that recently discovered this podcast and it is great!I purchased a small condo a few years back as an investment and I have tenants in it.I paid it all off already and they are ...
Lalit R.
Toronto: To Sell or to Hold ?
I have a 100 year old duplex in east side of Toronto. I believe we will be going through either a flat or most likely a down market that could last upto a decade. Should I:
a) SELL and realize gain, or
b) HOLD and ...
Steve S.
Question about Notes - First Timer here
Anything I've ever learned regarding money has typically cost me money.I have a house under contract for $75,000 in which the seller will pay $5000 towards my closing costs. 2 days later someone comesup and says "I'd...
Charlie MacPherson
Client needs a $10K loan to make $50K on his house-in bankruptcy
I need to call on the wisdom of the BP Hive.I'm representing a client on the sale of his home in Brockton MA. It's a bankruptcy sale which complicates things a little.It's a VERY difficult home to sell because it had...
John Krudy
How to value LP cash contributed to a deal?
Hi - I'm wondering how to think about valuing cash from an LP in a deal. For a simple example:Two GPs of an LLC find a deal for a $100k property, and get a loan for $80k.They want to use other people's money for the ...
Carl Stigall
Student loans in collection
Hey BP,
I'm currently in a situation where I'm too much of a liability for any type of loan or mortgage. My student loans are in collections and I'm currently in a rehabilitation program to get my loans out of defaul...
Mark Devens
How do you manage your mortgage?
So I'm about to buy my first rental which is a duplex and want to keep growing from there. Do most of you keep mortgages on all your properties or do you wait to buy another until the last is paid off? I'm sure there'...
Stone Jin
Shuffling the deck (Portfolio)
Hi Everyone,Currently I'm amidst an effort to shuffle my portfolio. I'm selling condos and smaller houses that I bought in Phoenix between 2009-2011 and 1031 exchanging into larger SFH. I realize that the Cash on Ca...
Tu Le
Should I pay off my house.
Hi I have a a house that is worth about $ 400-450k. I have a heloc on my home for $185k and I still own $30k. Should I pay it off with cash and refinance from more money to invest in real estate.
Interest rate-4.25%