Hello BP,
I have been a very active private money lender since 2014. I have a single member LLC (me as the sole member) that lends only to real estate investors. That is I do not lend to owner occupants. I only le...
Hey everyone,So currently we’ve been in the process with a lender who has been difficult at times. One thing that bothers me is that they won’t do a “float down” unless it’s a whole percent, but other lenders allow it...
Hello all! Been reading these forums and the rest of the BP site for awhile now and believe I have come up with a strategy for investing in real estate in the very near future. I hope to get a critique of the followin...
Hello all,I need your advice regarding an emergency. I have a triplex in San Francisco, where the third floor tenants are protected and paying below-market price rent. They have been there for two decades, and I inher...
I am in due diligence period on my first investment property. My question is: should I send all my funds into my business checking account to use it as the down payment and closing costs account? Or just leave it in...
I am looking at acquiring a duplex in Milwaukee. However, there is a 3rd unit (finished attic) being rented to another party. There is only 1 exit from this unit. Is this illegal? Will I be able to get property in...
Hi all,Recently purchased a multi and one of the first projects I’m planning is converting the property from oil to nat gas heating (there is nat gas going to the house already for water heaters). At current, I cover ...
Hey everyone! I would like to further educate myself on short term rentals. Any recommendations on books and/or specific BP podcasts that have helped you? Do you have a "go-to" book or reference? One of my focuses wi...
Any insight on the topic is welcomed and appreciated.
Good evening,
Being military, my financial institution of choice is of course USAA. What other insurance companies would you recommend I consider? I have 2x SFR currently (converted primary residences) and have put a...