Steven J.
Mobile Home Park Purchase - I'd appreciate more critical eyes
Greetings all,I've nearly got under contract my first mobile home park in central Illinois and I feel at a good price - where I'm unsure is some of the projected expenses that aren't necessarily accounted for or broke...
Lynn Leigh
How can we 1031 a joint tenants 2-unit into an LLC 3-unit?
My partner and I have owned a 2-unit in SF, as joint tenants, since 6/13 (we were tenants from 1999.) We began renting our second unit 11/15, to a family member, but legit—with actual monthly checks paid to my partne...
Patrick Goswitz
Owner Finance Deal. Good or Bad?
I was thinking about owner financing a property to a buyer and I need some help please to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315...
Jamar Arbelo
LLC Credit
Has anyone ever obtained financing in a business name (LLC) without using their own personal credit? Do you know of anyone who lends lines of credit to businesses without personal guarantees?
Kevin S.
Minimum FICO score for new tenants
So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...
Isaac Chun
Las Vegas family man, getting into real estate
Greetings to all my fellow Real estate investors and the like. My name is Isaac and I call Las Vegas,NV my home. I am currently studying to get my real estate license to become a realtor full time and have a strong de...
Florence Sullivan
WealthAbility Team as tax strategist - Worth It?
Has anyone used WealthAbility? Worth the money? Did you get good advice? Thoughts? Any other tax strategist referral?
Alan Yu
REO property at bank cost?
I was able to track down few properties purchased by bank at wholesale. From my experience few weeks later these properties will pop up on the MLS with around 17% mark up from the bank purchase price. I guess the 17...
Trey Stanley
Newbie from Delaware
Hi All
I have been looking around on BP for about 3 months and thought it was time to officially introduce myself. My name is Trey Stanley and I live in lower Delaware in town called Milford, it’s about 15 miles s...
John Thedford
I Have Been Given Opportunity To Invest In A RE Brokerage
I have been given the opportunity to invest in a new RE brokerage. The people that want to start it are top notch, motivated, ethical, honest, and go getters. I don't think I could find someone I would trust more or h...