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Team,I purchased my first commercial property. It is actually a trip-plex with one unit as a storefront. It is currently vacant and requires little cleanup to get ready for rent. I have a sign on the window but have y...
With the recent inflation hike, I’ve been asking myself – will it be possible for banks to change the terms of existing fixed rate loans in the future if really high inflation hits (aka hyperinflation). I am question...
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Does anyone have any feedback on buying a property subject to a reverse mortgage lien? Are these lenders more likely to enforce the due-on-sale than lenders on traditional loans?
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Everyone wants to know for their own reasons — whether it's to exit the market, to prepare and safeguard investments, or to finally be able to invest in the market since the housing prices are so high right now.
Upfr...
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I am currently in the process of writing out my business plan and I would like to add some info about how I plan to manage my cash flow. What is a good cash flow percentage ?
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Hi all!I am new to BP and have a pressing situation.My husband and I are interested in a property in the Bronzeville Chicago neighborhood and are teaming up with someone local to the area for this potential deal. Thi...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Littleton.
Purchase price: $380,000
Cash invested: $20,000
Attention Investors!! Don't miss this 12 unit apartment building...
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Let me give a little background: I am a 22 year old college grad (as of May 2019). I recently purchased my first home with my also 22 year old recent grad girlfriend. It's a 3 bed 2.5 bath town home. It is currently j...
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I own my home outright in Illinois. Its for sale by owner. I got an offer for full listing price with 25% down and the remaining balance payable in 6 monthly payments. My attorney says he would prefer to structure it ...
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Hi
If I buy under LLC, does the LLC have to be 'Manager' kind to protect ones interest and safeguard from liability.
Do I need to consider putting it on to a trust or something.
Thanks
- Anl