Jordan Starks
Newbie Question any help greatly appreciated.
I want to own rental properties and I was wondering if after a certain amount if it would be beneficial to create an LLC. I also was wondering what it means to build your "team" are these people employees, on a deal t...
Ravi P.
5 yr balloon matured
I'm trying to figure out what is going on and looking to see if anyone experienced this. I took out a mortgage in 2014 against a rental condo. It was a 5 yr, 20 year amortization. It came due in Feb. I reached out to...
Mary anne Raymond
Newbie from Tampa Florida
I am just getting started and wanted to introduce myself. RE investing is what I want to use to create a comfortable retirement. Tampa is a great market for the flips that I want to do. Any nuggets of knowledge that ...
Angela Gilltrap
How often do you want to hear from property management?
I've worked with quite a few property managers but lately, I'm getting inundated with multiple phone calls a day and up to 10 emails from property management about non-urgent matters. Our agreement states they can spe...
Regen Place
Obtaining a HELOC using an LLC
Is it possible to get a HELOC or Business Line of Credit by using an LLC as collateral? My wife and I are partners in the LLC that has 3 paid off homes on 10 acres in Bozeman, MT. The property is valued at $650k and t...
Quinton Childs
Should I Bring a Contractor?
I have an appointment next week to check out a home. I'm not sure what to look for 100%. The seller says the house needs approximately 50K worth of work. Should I bring a contractor with me to check out the house? I d...
Robert Ilario
How to find comps?
I am a newbie fromLong Island. I am trying to find the best way to locate recently sold comps for the areas I am researching. I am not a R.E. agent so I am not familiar with the process. Any help appreciated. ThanksB...
Bryan Compton
Next steps when buyer defaults on land contract carried by seller
Hello All, I’m looking for advice on what your next steps would be when a buyer stops paying? This is on a land sale contract with owner carry through a note servicing company. No home on property. We have already sen...
John Alosio
Duplex / House-hack / Lease option
Hello BP,I have an odd question I wanted to see if anyone has experienced. I tried searching through the forums, but found no info on my specific situation.I have a Live-in duplex house-hack that I purchased in March ...
Spencer Gray
Agency spreads increase
Has anyone gotten a rate quote from Fannie or Freddie this week since the 10 year took a nose dive?
I have heard that both have increased their spreads substantially and may not even be taking applications.
CMBS ...