Ariel Nixon
First Rental Property - Financing Strategy
Hi All,I'm in the works of my first SFR deal.. Its a 2bed/1bath home that I plan to add another bedroom to plus a little rehab. I've ran the numbers and they look good (conservatively around $280 monthly cash flow, ca...
Jasmine Lu
Crowdfunding company with 1031 option?
Hey all, My husband and I are going to sell two of our rental units this year and we are thinking about doing our 1031 exchange for the first time. Based on what I learned about 1031, our replacement property should h...
Phil T.
Should I use HELOC for repairs or pay cash?
Looking for some advice on how best to use my cash. I'm a new investor, but I own two duplexes in Indianapolis (my first two properties). When I purchased them, both sides were occupied. At the turn, all of the uni...
David Handmaker
Crowdfunding - AcquireRealEstate.com
Greetings, I'm new to BP. I'm considering investing in a project with AcquireRealEstate. Has anyone had experience with this group? One specific question I have with this group and others is what prevents a sponsor f...
Gail K.
What are the first steps you take when a tenant leaves?
In Georgia I am supposed to review any damages within 3 days of a tenant leaving, prepare an estimate and review it with the former tenant. In truth the majority of tenants leave and typically never even provide a fo...
Account Closed
Hello all!
I'm a new member looking forward to learning a lot. I used to have a section 8 property years ago. Wish I hadn't sold it as it would have been paid off by now and still returning probably about $800 monthly by now...a...
Dwight Cook
Can I use seller credit for closing costs?
Hey everyone, My wife and I are currently looking to purchase our first rental property. This is located in upstate New York. The owner of the property is selling the triplex we are looking at and a duplex right next ...
Matt Concannon
VA Loan for 2 unit investment refi
I have a VA loan on a 2 unit that we don't live in (we used to live in it 22 years ago). Are there any refi options that would utilize the VA loan? (everyone I have talking 70ltv on a 30 year fixed conventional produ...
Janyl Ventura
Business Entity formation?
Hi all,
I’m working with 2 others to start buying properties to hold and rent out. I’m aware that having properties under an LLC is a smart move for liability protection, I’m just not sure which business entity forma...
Walter Fabiszewski
Forbearance and eviction freeze
I was just thinking about this today as I was driving home: the federal government has implemented an evection freeze in effect until December 31, 2020 for all tenants claiming to be adversely affected by COVID-19. Th...