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Good morning BP community,My wife and I are trying to establish a niche in the pre-foreclosure space (i.e. trying to get our first deal) and we are having a slight disagreement about how to contact homeowners via lett...
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This question came to my mind randomly, should you have an LLC if you are house hacking on that property?
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I came to find out that my tenants have acquired a "long term guest". One roommate just left for several months and the long term guest has now moved into their room and pays them a portion of rent. This new person ...
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Good Evening BP,We are just starting out and hunting for deals now but also starting to try and line up financing. For various reasons while we have a good balance sheet and good credit, we don't have access to tradi...
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I was referred to a mortgage broker for a re-fi on a rental property that I own (refinancing out my private lender in to long term financing). Long story short, late in the game, the mortgage broker has informed me I ...
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Within the last six months I have purchased two SFH properties. One in Wisconsin that I paid cash for 80K & one in Boise that I used HELOC on 175K Currently rehabbing both. I also have a sub2 I’m taking over April...
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So I’ve recently been approved for a $30,000 unsecured loan with BHG financial. I was referred to them by someone in the Bigger Pockets forum due to the fact that they don’t report the loan to credit bureaus and would...
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LLC or Umbrella for buying 1st fourplex? Is it worth it to form an LLC or is umbrella enough for my 1st purchase. If I should start out with an LLC I would like to do so before I apply for the mortgage. Are commercia...
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Hi all - I bought a primary residence in 2021 and I am renting the basement as a private guest suite on airbnb. I spent a couple grand furnishing it and getting it ready and the first booking was in late December of 2...
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Not sure where to start with this. I'm a part of an LLC with one other person currently. We are trying to separate from each other. I'd like to leave the LLC and am more than fine with him taking it over....with that ...