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Sorry if this is not in the correct forum. My fiance (getting hitched in a month) has her own townhouse in a small HOA of 4 units. One owner passed and her son turned it over to the reverse mortgage company per an ema...
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Looking at a 6 unit rental as my first multi-family. HCOL city using 30 year commercial loan fixed at 6.5%. Total cost $1.15 million with 25% down. All units currently occupied and is in a trendy part of town in which...
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I just had an offer accepted for my first “commercial property,” a 5-plex. My other rentals are duplexes and SFRs, so they’re just under my personal name with an expanded umbrella policy. If I develop an LLC in Minn...
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Question regarding VA loans. I've never dealt with one before because I work mainly with investors but I am flipping a house I rehabbed and the buyer is getting a VA loan. Here is the issue that I am unfamiliar with, ...
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Hello fellow members,
Ok, here we go. My family and I are relocating to another part of the country in July of 2017. The plan is to rent a home for a 1yr or 2 to save more cash. We do have a significant amount saved...
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Hi Everyone, I own 5 properties free and clear , they have been rented between 2 years and 9 moths , people pay on time , no issues. Personal credit is not that great. and properties are purchased under LLC. I he...
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Good evening BP!!! I'm new to wholesaling and have a property under contract with the seller. I've spoken with two different attorneys on who should run title ... one said that I as the wholesaler should, where the ot...
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Hi Everyone, I'm looking to use my personal property to Airbib, 1 bd/ ba. What should I check to confirm if I can legally register the Airbnb under my LLC for rental properties as a different series? Thanks!
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Hi experts,I'm a beginner investor looking to purchase properties under an LLC. Is it even possible for me to get a DSCR loan? Or is my only option a conventional loan? Anyone can recommend a lender for DSCR or even c...
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I bought a house in Austin, TX in July with full cash and spent about $60K renovating the property. I have a buyer for this property, and we are scheduled to close next month. My title company alerted me that the pape...