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I am aware that I can move a property out of my LLC into my personal name, and refi, but are there competitive ways to refinance it without it leaving the LLC. The Property is Triplex, Fully Occupied, and has rental ...
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I recently closed on a property in Belair-Edison that I planned to BRRRR just a few weeks before things started developing with the coronavirus. I had not begun the renovations yet and wonder if I should proceed or fi...
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Details
Condo purchased in November 2010 and occupied as primary residence as follows:
Purchase price 143K, current value 380K
Owner occupied = 3.6 years (November 2010 - June 2014)
Rented out = 4.7 years (July ...
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I got a tri-plex in San Antonio that has the replacement cost set at 260k. Last year I payed 1600 for the insurance with 1% deductible plus water backup. This year they want to jack it up to 2000, so I contacted them ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $122,000
Cash invested: $24,000
Buy and hold - purchased via a wholesaler - brought current owner loan current - b...
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Hello BP community. My wife Angie and I are newly married as of March (month earlier than planned thank you Covid) and are looking to jump in. Got some reading materials and been listening to podcasts as often as poss...
Hello BP community,Great way to start the new year my offer was accepted for a duplex! In the Portland metro area.I have a few questions:1. How do I evict a current tenant? (He has lived there longer than 12months) no...
Back story: I purchased a town home in 07 and shortly after the developer, builder, and property manager went out of business. Before going into foreclosure 24 of 84 units had been completed and about 12 were sold. ...
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Team BP,
I acquired a property via foreclosure auction with cash in the name of my LLC. For a variety of reasons, not the least of which is access to financing, I have decided to move the property back into m...