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Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
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Like everyone here, in the past couple years I was anxious about my insurance coverage. I studied a few policies very recently and changed my provider. This post is to share my findings, and may help you in your asses...
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I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.
We often see discussions whether investors should use an LLC or an u...
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I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
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I am trying to secure financing/refi's for single family homes held as rental property.
All the local banks I've talked to have been unanimous:
If the LLC owns the home, they can only give me loans with 5yr baloons at...
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Hi BP fam,Getting kind of nervous now we have renters (family with kids) approved for my property in Southern Oregon that has a hot tub onsite. I've heard various opinions on opening yourself up to this type of liabil...
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The risks of real estate investing can be mitigated through various strategies:Research and Due Diligence: Thoroughly research the market, property, and neighborhood before investing. Understand factors like demand, s...
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All,
I'm looking for advice on financing multi-family properties in the Alabama market. What financing terms should I ask for or expect for these types of deals? Based on my research, the financing terms will be bas...
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I purchased a property with a hard money lender, I own $120,000 the property value ARV is$181,000, the mortgage company will finance under my llc, said that he can do just 70% Ltv because my rental property lease con...
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Hi BP,Checking in to see if you have any recommendations on Insurance companies that provide coverage to corporations for short term flip projects? Property is a SFH located in Calgary, AB.Any help you can provide is ...