Nathan Helm
forming LLC for funding?
Hello BP community, I am in the works of buying my first investment property (owner-occupied house-hack). I just talked to my first mortgage broker and he is wanting me to set up an LLC so that he can have the docs in...
Yu Liu
Duplex - one LTR and one STR
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Tallahassee.
Purchase price: $250,000
Cash invested: $40,000
This is my first investment! This is a two unit property in t...
David Smith
One big lesson from past years as landlord
Never buy properties which have tenants you can not remove right away. These tenants will be the trouble maker. Compare inherited tenants from previous owner, to the ones I found myself ---- totally different species....
Andrew S.
FHA loan and condo purchase
I've been doing some reading about FHA loans. Apparently, there's a list on the HUD website of approved condo buildings. It seems like if the condo building of the condo I like isn't on that list, then I can't buy it ...
Ken Midgett
Renters Insurance - Require per unit or for each tenant?
I am now requiring tenants to carry renters insurance, and I have only had units occupied by one tenant each. However, I recently approved two unrelated people to live together and they asked if each of them needs to ...
Tricia O'Brien
Investor Friendly Title Company / Officers in CA Central Valley?
Hello ! I am looking for an investor friendly Title company and / or escrow officer in the Central Valley of California - preferably in Modesto, Turlock, Manteca or Stockton. I have a tenant who may be buying the hou...
Logan Dawe
Getting a loan for first house
Will banks consider your intent to house hack and factor that into your eligibility for a loan? I want to buy my first house by the end of 2022 and I’m wondering if telling them about my intention to house hack it wil...
Clayton Hall
Owner Financing and Taxes
For a property in Texas, a primary residence for over 20 years and owner financing the sale when does capital gains taxes get calculated? We are trying to maximize the amount of money paid to the owner and ensure they...
Keith Lanier
Help analyzing an apartment complex for purchase consideration
16 Units, Fully occupied, Long term tenants/renters, All the units are in solid condition, could use added value, with minor upgrades, I want to know how to determine the Cash on Cash, and NOI, Capitalization Rate, Gr...
Kristi Harmon
How do you get a single family home rezoned into a duplex???
Has anyone been able to get a single family property rezoned into a duplex in Provo or Orem area? If you have, what was your process, who did you talk to, what documents did you file, how much did it cost and how long...