Amy Paradis
Financing Primary Home when Living in a Duplex
Hi All,I own 2 duplexes in Vermont. One under an LLC and another as my primary house. We are currently looking to purchase a single family home. We came across a requirement for the loan program we qualified for which...
Jacob Gelinas
Should I replace my gas boiler and water heater?
I bought a three family property almost exactly a year ago and the three gas boilers are about 15 years old. I live in one of the units and had to replace the water heater for my unit in July. Now the first floor tena...
Patrick Martone
Use capital as downpayment instead of be a cashbuyer
I have a combination of 2 HELOCs and cash totaling $375 (75k cash, 100k Heloc 1 200k Heloc 2). Instead of purchasing a duplex rental and do single family flips, I have considered looking for a 6-10 unit building and u...
Nick Lund
How to take investors' money
Hi all,I've only completed one deal at this point but have built a network through other business pursuits, and suddenly multiple people are trying to give me money. Given the hotness of my local market and the trust ...
Jesse Liu
Newbie LLC tax question
Hi guys, newbie question here. I have been considering forming an LLC and I'm unsure which one to go by. I was told single person LLC is most popular and you could include your spouse. My wife works at home and mak...
Art Maydan
Run Cosigner Through Normal Application Process?
Hey guys, quick question: I've got 3 girls who seem great and responsible applying for a unit, but their income is just barely too low. They all have parents who can cosign. Do I need to run the cosigner through my no...
Daniel Zapata
Where do you get your appliances in the Sacramento Area?
I just closed on two duplexes which need rehab, including new appliances. Do you know where to get solid appliances at a reasonable price?Thanks!
Andrea Campo
Rent application and SSN
Hi Everyone, My wife and I will move from Italy to Pittsburgh in May and we are looking for a house to rent. I'm Italian, she is from the US.We noticed that all the rent applications require to provide the SSN. Is it ...
Patrick Loshek
Transferring my primary residence to an LLC
Hello BP,I am about to move to another state where I will be buying another house. I would like to transfer my current primary residence to a LLC and rent it out. I currently have a mortgage on the property and do not...
Jim Collins
Shouldn't PITIA paid by LLCs be excluded from personal DTI calculation?
I am paying mortgage for all the rentals from business accounts. The only PITIA paid from personal account is for a personal residence. I am trying to get a 5% down first home buyer conventional on a fourplex for my d...