Hi I am a investor based out of CA looking to invest out of state . I am aware there you can form LLC in various landlord legal friendly states like Delaware, Nevada etc . Being a CA resident I have read in articles a...
Hi all, I'm looking into buying a first investment rental property with 2 partners and we're trying to figure out a) what legal entity (if any) to create and b) how to handle financing. 2 partners are in California; 1...
Hi forum,I am a first time poster here and I would really love some advise on my situation. I currently own a 3Bed / 3Bath duet style home in the Bay Area. I got a job offer in the Northern Virginia area and I am plan...
I am looking for any advise you have for turnkey investment. After you identified the city or state to invest, do you plan a trip to visit the cities and meet with your turnkey providers? Or do you wait until the rent...
Greetings folks, I am attempting to finance a rental property. I have never taken out a loan on a rental property before, since I’ve always paid cash for it. I am trying to scale my business up and not spend all my ca...
$50K sounds like a great place to start, right? Well, my challenge is ever the same. I own my business and our revenue swings pretty insanely from year to year making conventional financing impossible. I was even deni...
Hi BP Community,Firstly - has anyone had any experience taking money out of their Roth IRA during COVID-19? I heard there's a 100k withdrawal allowance with no penalty and a 3 year grace period to replenish withdrawn ...
Hi BP community :I am making an offer on a duplex in Palm Beach county that was recently rehabbed and turned into a duplex. It was used for commercial purposes previously. As such, this property has never been rente...
I recently had a nasty lender experience. I had been pre-approved for a loan, everything was golden, I'm a low risk loan and had low DTI. Nothing changed since being approved and going through the entire loan process,...
For three months now, tenants are saying they cant pay rent due to being laid off from their jobs and they are barely surviving. They said they have sought help from their church but they only received assistance to p...