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Results (10000)
Jalen De Leon Separate bank account for REI property
15 October 2023 | 7 replies

Hello!I am about to close out on my first rental property and wanted some advice on storing the cash flow every month. Should I open up a separate bank account? Or is there like a certain type of app that you guys use...

James Austin Hard Money Loans for Wholesale Ventures
6 December 2016 | 5 replies

Good morning all,                   I just had a quick question this morning so I figured I would ask. Has anyone used hard money loans to secure and sell a wholesale deal? Or would this be illegal or maybe even a who...

Justin England Do you pay yourself rent?
12 November 2015 | 7 replies

I have searched for this all day, but perhaps my google-fu or my insufficient REI lexicon isn't allowing me to find the right results.I just purchased a fourplex and will be occupying while renovating. Two of the unit...

Michael Seeker How to finance my next deal?
10 April 2011 | 3 replies

I'm wondering what might be my best approach for accessing equity and using it to finance another property.

Setup:
I purchased a SFR as my primary residence and still own the property/pay the mortgage every month.

I...

Jonathan Castillo New to House Hacking
13 September 2019 | 6 replies

Hi Everyone,I am currently undercontract for a duplex in Austin, Texas. I plan to live in one unit and the other is already rented out.I have a few questions as to what I should get done sooner than later.1)) Do I nee...

Robin Hines LLC reserves, comingling of funds
29 November 2017 | 5 replies

Ok, I'm a business novice and need input from those with experience in this area. Let's say that I have decided to put my rental properties into an LLC (or several llcs). Am I required to have all necessary cash reser...

N/A N/A Proof of funds when making offer to purchase?
11 December 2006 | 4 replies

Hello,

I've been researching properties in my area and have a pretty good list of properties I'd like to make offers on. When I start making the offers and the realtor or seller asks for a pre-qual letter or proof o...

Jean Bolger First out of state deal, first 1031 exchange, first larger multifamily, oh- and first auction- all in one!
5 November 2013 | 32 replies

well, this has been an exciting time! I sold my triplex in Denver that I have owned for about 12 years (which, btw, I never would have bought if I knew then what I know now, thanks to BP...) I was trying to maximi...

Edna Salinas sources of DSCR lending
26 April 2023 | 36 replies

New to DSCR loan.  Does local credit unions do DSCR lending, or one must get it through broker or a loan officer?  I am in Phoenix area, any suggestion of good source for that? Thanks.