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...
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...
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...
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...
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...
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...
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...
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...
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.