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My wife co-own a 10 housing unit and 8 storage unit portfolio. The goal is for the properties to pay themselves off with positive cash flow in time so each partner has 3k in passive income. Each partner equally contri...
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Hi guys, this is more of a personal question rather than a investment question. I personally live in a condo above commercial units. There is a bar that is a major nuisance, open until 3 AM. Patrons pull into the par...
I have a few conversations that have taken place between myself and some other individual. Some of the time I delete the conversation when it is done and other times I just leave it.
It would be great if I could go t...
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Happy to hear any insights, things to look out for and experiences to leasing to a business or LLC. We have an applicant that is wanting to lease through their company and use the property for their employees when in ...
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Hi everyone, this is my first multi-family deal in Ohio and I’m looking for a lender. Not looking for hard money, ideally a local bank. Any recommendations would be appreciated. Thanks in advance.
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BP,As always when I am in a jam I seek out you lovely individuals to weigh in and share war stories.Situation:I just postponed a settlement that was supposed to be happening right now. My lawyer strongly advised NOT s...
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Good morning Bigger Pockets team. I am currently having an issue as I go to refinance some of my properties. When I initially started investing I invested in my own name. The lenders that I was working with at the tim...
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Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
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I have an LLC I use for my LTR's and other REI and recently purchased a vacation home/STR. It will be used as a vacation home but also an STR when I'm not using it for personal use. I handle all my REI transactions un...
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Happy Tuesday BiggerPockets. I am seeking some "what would you do" information. If you were in the process of gaining your first property and were approved for a 40K business line of credit, would you buy a SFH (ther...