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Results (10000)
Oleg Shalumov Am I making mistake with purchasing this 8-plex as my first prop?
26 February 2021 | 24 replies

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...

Sami Gren lease agreement for garage
23 December 2022 | 16 replies

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...

Vince Gethings Having trouble refinancing using the BRRRR because of DTI
20 July 2017 | 21 replies

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...

James Reed Nearly impossible to cash flow?
8 January 2019 | 24 replies

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...

Austin Bright Common Criteria for Renters?
28 September 2023 | 16 replies

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...

Daniel D. Property currently in LLC need to refinance to Personal Mortgage - Issues
11 May 2023 | 16 replies

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...

Matt J. Did You Have Your Loan Called Due After Quit-claiming to LLC?
1 February 2021 | 22 replies

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...

Nicholas W. Has an LLC ever protected you first hand?
25 December 2016 | 60 replies

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...

Kalman G Szabo Pennsylvania Inheritance Tax Payment for a sheriff sale property
3 June 2020 | 49 replies

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...

Dan N. Why do people use LLC for "buy & hold" rentals that have mortgages?
17 July 2023 | 87 replies

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...