Brandon Allen
Purchase agreements in Texas
Do you have to use the purchase agreement that can be found on the TX real estate website or can you use a simplified one page contract? Any help here would be greatly appreciated. We're just getting started in north ...
Christopher Lynch
Bank Statement Heloc on Primary
Are there any lenders offering HELOCs for small business owners who primarily use bank statements to qualify, especially those with write-offs? The credit score is around 720, and the property is owner-occupied, which...
Cody F.
Help! Automating application and screening process
I'm trying to automate my application and screening process so my applicants can apply easier and I can simplify the clutter of paper apps and digging to find.
Hoping to find something that can do background checks ...
John Taylor
Creative Financing Help on a Multi-Family Property
Hey BP! I need some help. I have been working with a local bank trying to do some creative financing on a 21 unit property. The problem is that most banks in my area have no idea about creative financing. I feel l...
Kevin Huang
About to close on first rental property, what coverage do I need?
About to close on my first investment property (first property ever for that matter) and am in the process of getting homeowner's insurance quotes. So far, it seems like my best option will be to go with NatGen as th...
Davis H Son
Is a Wyoming parent LLC enough protection?
I need to structure my business for asset protection and anonymity. I operate in Virginia and have several properties there, which are owned by Virginia LLCs. I also plan on forming 2 new LLCs, 1 for new acquisitions ...
Eric Williams
Oversimplified Cost Seg Example
Let's say a rental property gets 12k in rental income, passive.Cost seg gets 50k, resulting in passive activity loss of around 38k.The amount of passive losses carries from the Sch E to the 8582 to determine the loss ...
Lisa Shows
Potential private loan - is it worth it?
My 5 siblings and I have inherited my late father's primary residence. We are considering keeping it as a rental property and splitting the revenue. However, my brother has proposed another option: that we sell and ...
Rohan Bhoomkar
Looking for Investment Opportunity - Buy and Hold
Hello Fellow Member, I am venturing into real estate investing and in search of my initial investment opportunity.
My objective is to acquire and maintain a Single Family home within or near the Charlotte, NC area. M...
Evan Alfaro
New (and frankly nervous) member to BP!
To the entire BP community, hello! Evan here coming to you from Los Angeles California! total newb to the BP universe, and frankly upset that I barely became a member at the ripe ol age of 34! Better late than never I...