My husband and I and another couple are looking to buy some commercial multifamily properties. We are wondering when is the time we should form our LLC: before signing the contract, at the closing, or even after the p...

I am looking to buy my first rental property in the next 0 to 3 months. There’s a great market here for houses in the $60,000 range. I’ve run all the numbers through the calculator and I think I can be $300 cash flow ...

I am looking at purchasing 3 duplexes, but the 20% downpayment is going to eat up all of my current capital. These will be my first deals.  My wife and I are currently employed and have large savings. Should I pass on...

Hi BP community!I am a relatively new investor in Fayetteville, NC. My first rental property is a 4 bed, 3 bath single family. Purchase price was $150k and current rent is $1,475. My analysis of the property is as fol...

I had one potential tenant ask if they could lease to own (lease with option to purchase).Never having done this, I read through several of the blog posts and message boards, but I am afraid I still don't understand t...

Hello BP Family!My name is Kelly Jenrette, and I've been a Pro Member for a little over a month.  I've been listening to various podcasts, reading books, etc.  My husband and I are new to investing and excited about t...

I just got off of the phone with an escrow agent who said that I am not allowed to fill out a CRA Purchase agreement without a license. They said that they would be able to complete a concurrent close however I would...

Hello BP!

I have found a 14 unit place (4 tris and 1 du on the same property) in my local area at a good price and with good rents. I haven't ventured out into a commercial loan yet but I am considering it. I have th...

I own a home valued at 400k with 230k on a 30 year fixed FHA.  Our debt to income ratio is too high due to student loans and a few credit cards hence the FHA.  Also my credit score is not great right now due to some l...

Good morning BP!

So, my husband and I have had a deal drop into our laps that would be so great! It’d be our fourth door in four years, and would spare us one more move (house hacking with small children ain’t for t...