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This is my first Multi family purchase and I am very exited. As the result I maybe missing something obvious, so every suggestions would be very valuable. This is an off market property which owner is tired of managin...
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HI,
my tenant has asked me to rent the garage in back of my multifamily property, I want him to use it only for storage, does anyone have any suggestions how to structure such a lease, or has such a lease form?
Th...
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Hi BP folks, I am looking for some creative ideas to refinance an SFR I just BRR'd. Here is the back story. I have a fourplex and a duplex that I bought last fall (2016) both are fully occupied. I wanted to try the BR...
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Hi all, first time to post to the forums. I've been quietly studying and lurking for almost 6 months while stock-piling cash from the busy sales season for my industry(OND!). I've now got some time to breath for a c...
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Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
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Hey Everyone,
So i was doing a flip which i purchased with a hard money loan under my LLC like i do 99% of the time. After renovating the property, i decided to keep it to myself and live in it.. Currently, im tryin...
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Owning properties in my personal name makes me a little nervous, but the financing terms are just so much better with residential financing for single family than commercial.
Anyone on here, have you actually had yo...
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So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
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Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
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I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...