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Is it possible (and if so, would it make sense) to refinance a commercial mortgage on a duplex to a personal mortgage that would be owner-occupied? We're planning to rent out our current personal residence (have been ...
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Hello BP'ers:I am in the process of starting out as a wholesaler. While I haven't completed my first deal yet, I want to start to set different things up that are associated with my business. I know that I need to k...
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I have a person who qualifies on paper that I gave a showing. They asked me to email them an application, which I did. It became more clear this person may be mentally unstable. They expect an immediate response but I...
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For real estate investing, should I form an LLC or a corporation? I want to fix and flip and also purchase a few rental properties.
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I am getting close to having my first deal ready to go. Its a rehab+hold and rent. I have created a LLC to hold hte property in. I need a seperate bank account to manage money in/money out. Should I open up a busines...
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I began a quest for personal finance / accounting software that will help me keep tabs on my cash flow / net worth. Mint did a decent job for me previously, and Credit Karma is less adequate. I read a forum post on ...
I have 4 tenants that are roommates, that are sharing an apartment together in Philadelphia, PA. One roommate is complaining that the others are: Threating herMoving her stuffNot allowing her at all enter or exit the...
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Hello BP!
I recently opened an retail account up (Home Depot) to help with some of my projects. I also opened a personal account up as well, close to this HD card. My credit score took a dive of 30 points. 30!!! And...
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Hello!I found a great deal on my first investment property (besides the home we live in), and I need help with 2 things:1. Should I first create a LLC to purchase the property to protect my personal assets? I spoke wi...
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I keep here you guys talking about commercial lenders not looking at personal finances just the property but why does all the lenders I'm talking to want my personal finances and a personal guarantee on the loan? The ...