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Hey, my question is simple. I'm 19 years old and have little debt to my name except some credit cards for over a year now. As of right now my credit score is around 720, would this be sufficient to get approved for a ...
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If my primary home is free and clear, are the home insurance and property tax considered debt? There is no escrow account and it does not show up on my credit.
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Got some numbers from a hard money lender who had me itemize and budget me reno. Playing it safe, I over estimated some cost to get to the allocated budget. Question is, when the time comes and I finish work, what hap...
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Hey Everyone! I'm a new out of state real estate investor looking to purchase my first real estate rental property in the suburbs of Chicago. I have a few questions on managing and operating the rental from out of sta...
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If every rental I have is it’s own llc what it the best way to structure things for taxes with losses? I know I can write off improvements and mortgage interest and landlord insurance. Does it many any sense to create...
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Hi BPers! im just curious of your opinion on which would be a better investment assuming both options would cost about 150K? building a 1 bedroom ADU in my backyard in CA or buying a Single family home in another stat...
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Hi! I have some friends / ex coworkers interested in becoming my PML's. (Private money lenders) I am wondering how I should structure the loan though. I would like to see how others that have used PML do it. I would l...
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How much cash flow do most of you require before you'd consider the purchase of a residential rental property?
I've been modeling $100/mo per unit when analyzing properties (using the 50% rule). Is that too aggressiv...
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Hello. I am a newbie wanna be real estate investor looking to buy more property. I really want to use the Brrrr method to be able to cash out refinance and scale, but with interest rates and low inventory here in CT I...
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I am in the process of picking up my first few investment properties. My question is this. Is there any advantage/disadvantage to buying a house all cash and then financing after. I realize the advantage on the better...