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Chaz thread
REI:
I talked to a very successful investor/CPA who told me to forget about LLCs and instead set up a Fictitious name(also known as Doing/Business/As), which is less expensive, a lot less paper work at tax time, and ...
Oscar Beteta
When are Sprinklers Required in 1-4 Unit Multis?
Hi everyone!I just purchased a four unit property in the Mt. Airy neighborhood of Philadelphia. The house is currently laid out as a quad (with all separate utilities) and the previous owner had obtained a variance ap...
Ahshar Sylvestre
Creating the PERFECT list
Hey BP,So currently I've sent out letters to landlords (Not in LLC or Apartment complexes) who have filed an eviction in the last 2 weeks. My counties public records file daily and go back til about March 2015. How fa...
Benjamin Dutil
Down payments and bank statements
Hi everyone. I have a question regarding down payment percentage and bank statement requirements. Initially I had a private lender who was going to give me 100% of financing for a purchase. Unfortunately he has said h...
Jeremy Michiels
Frankenstein house found - Thoughts on what to do with it
I just walked through a home in North Dallas yesterday that has gone through multiple modifications and add-ons. It's zoned as SFH, but currently housing 2 separate renters and the owner (think 3 plex). The owners spl...
Robert E. Medlock II
How can you house hack a MF and still hold it under an LLC?
Hello BP community. I have been racking my brain for the past few weeks trying to understand how NOT to violate the "Due on Sale" clause.Here's the scenario: Jane wants to buy a 4-plex. However, as a new investor of m...
Tanner Flint
What is an average down payment percentage?
I am planning to start investing in real estate rental properties. I was wondering what an average percentage would be for a down payment of a single family home?
Royce Billiot
Has Anyone Found Wholesale Deals Using Craigslist?
Has anyone found wholesale deals using CL? Do you think it is worth it? If you do, what do you typically look for?
Trevor Lohman
When does lending become feasible $$$
Sorry if this had been asked already,I'm just curious:At what point do you have enough money in a self directed IRA to consider lending?I've seen lending from an SDIRA talked about quite a bit, but I'm assuming you ha...
Kristen D.
Private lending for purchase of **primary residence**
Hello --I'm a “regular person” on a mission and looking for suggestions or ideas. I found a home that I’d like to buy and can not afford. For a variety of reasons, I am pursuing it anyway. Are there private lenders ou...