Aaron Van Curen
Identity Protection for REI
So my initial plan would be to set up an LLC for each property and assign a trust as the "owner". Then I would place all of the LLC's under a holding company that will more than likely be an S-Corp, undecided though, ...
Benjamin Cowles
How does a lease option qualify you for a conventional loan?
How much closer to getting conventional financing would be having say a 2 year lease option contract under your belt for a particular property? Could the rent performance alone under you as the master lessee qualify i...
Cory Miller
BRRRR using financing to leverage
Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $133,000
Cash invested: $75,000
Leverage conventional financing to acquire. Used HELOC on primary fo...
Courtney S.
Building an ADU on tenant-occupied parcel
We plan to build an ADU on a property currently occupied by a tenant. The property currently has 2 single family homes on it but is technically multi-unit since the two residences are on the same parcel (and therefor...
Daljit S.
Closing on first property - Rate lock/lending question
Hi BP,
I'm in the process of closing on first property, a 2-family house hack in Union city, NJ. I was waiting on the Certificate of Occupancy and Smoke Cert before scheduling a closing date.
Towards the beginning...
Ryan Miller
Buying a 4-plex with tenants
I am closing on a 4-plex on Tuesday and all units are rented. Does anyone have suggestions or an example of a letter to let the tenants know of the sale? Any other important information to be in the initial letter?
T...
Luke Grogan
Have you closed with Finance of America Commercial?
I’m curious if anyone has closed a loan with them? I’ve read as many of the reviews as I could and I’m still not sure if anyone has done a deal with them. I’m looking at a cash out refinance on a portfolio of nine pro...
William Taylor
How long to wait before firing/going to another contractor?
I initially hired this contractor ~4 months ago. He has been doing great work, and we are close to the end (last 10% probably). I have only paid him ~35%, as we had an agreement due to tight budgets, and he would be r...
Adrian Santos
House hack with inherited tenants and fully occupied
Hi,
I'm currently in a contract for a house hack with inherited tenants. Question is, both tenants are on month to month leases but have been there for more than 5 years. Unit A (5 years) young student tenant, Unit B...
Nolan Chandler
Second investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $208,000
Cash invested: $47,938
The home is right outside of Camp Lejeune and has a sunroom as a nice bonus to the ...