My husband and I want to invest in our first SFR deal with a friend, but we aren't sure the best way to structure our loan (I.E: can our friend just be a cosigner on our loan instead of a co-borrower), or how to write...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $123,700
Cash invested: $25,600
Single-family buy & hold turnkey purchased while stationed overseas in Japan
...
Hello BP,I am house hacking a SFR with an attached ADU. I currently have a tenant in the ADU and will use it as a short term rental when they move out. I have an active LLC that I ultimately plan to transfer my deed t...
Hi Everyone,
I was wondering when is the right time to get my own LLC? I currently do don't have any properties, but I will be working on getting my first one in December/January. I wasn't sure if i should get one B...
Quick question about 1031 exchanges and legal entities: If hold title to a property in my own name and sell the property with a 1031 exchange am I allowed, at any point, to transfer the new investment property into an...
So say I decided to drive for dollars and I'm a new real estate investor looking to start his portfolio. I find a property that looks promising but don't have the financing yet. Would I need to establish financing bef...
Hey everyone! I am very excited to get started and change the future of my family. I live in Nashville but willing to buy anywhere.
Hi Everyone,I recently met a man who was interested in selling his house to me off market. I’m trying to think of some creative financing. Can I do seller financing if they don’t own the property out right or would th...
I looked at a property today that I would be happy to put an offer out. Two questions are coming to mind before pulling such a trigger.1) The basement is unfinished, I'm curious if there is any reason someone could no...
I wanted to pick the intelligent minds of the BP community as I feel like I'm stuck.
We have been running a successful STR for almost a year now and I'm having trouble pulling the trigger on another property. I was h...