I am planning to purchase a foreclosure this week for $161,000 and put $20,000 into it with the hopes of it appraising around $250,000. My original plan was to flip the property and sell it for a quick $40,000 or so. ...

This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...

hi guys,i have my first rental property listed for rent and trying to get all my ducks in a row before i get some 1 in there . what do i need to transfer a property  to a LLC ? is the deed and a payoff paper from the ...

Happy Friday!  Cheers!So my wife and I are both teachers in NY.   We grossed $251,000 last year on our w2s and we file jointly.   We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...

I'm working on my first multi-family investment deal since moving back to Minnesota from Wisconsin in order to start growing a portfolio locally. I found two separate unlisted 4-plexes in Uptown. Ideally, I would hous...

Hi biggerpockets community! I come to you seeking sage advice yet again. So here's my situation. I'm currently handling all management of a friend's downtown Seattle condo via Airbnb while he's living abroad. Things h...

I am looking for some tips, advice, insight whatever, on a problem that my company is facing. We use the houseflippingspreadsheet to keep track of individual projects, which is great, but does not give any sort of com...

Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...

Hi,
A friend and I are going to start a real estate flipping LLC, he's done 100s and owns a larger GC compan, I'm newer to it. We are beginning by contributing 100K each and future capital contributions will be 50/5...

Hi all!
I have been lurking for months and this is the first time I have a question I can't find an answer to! My wife and I bought our first rental property and have been setting up our business and such. Our lawyer...