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I'm a bit stuck in trying to determine the best way for an investor to get compensated for their efforts in an LLC. I am part of a 2 member LLC in Philadelphia, PA. Originally, both members were operating under an und...
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There is a storage complex, purchase price is 550k. The owner decided he wants to owner finance a 400k down payment and carry the note on the remaining 150k. Could I get a commercial loan for the down payment and let ...
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Is it a good idea to accept a full year’s rent up front for a one-year lease? We have a potential tenant selling her house, so she will have cash to pay. Otherwise her credit score is too low, which she says is becaus...
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As a realtor, I've found a couple deals on and off-market in the DFW, just needing a PML to close and perform with on future deals. Can anyone recommend a private lender that works with investors on their first flip? ...
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Hello,Ive been gone a while from bigger pockets but I’ve recently had issues renting out a vacant home in el paso tx.Im in the Navy and live in San Diego so its hard for me to get the work done from here. I cant find ...
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Looking to get into Turnkey as a way to begin buying out of state sfr. It seems like the barrier to entry in Turnkey is fairly high. I've only approached two companies but they wanted cash buyers and weren't interes...
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So my first house hack is underway!!! I received a phenomenal financing offer through a local bank which paid 17K of my closing costs/DP/Mortgage Insurance. I closed the deal for $21 out of pocket. Int is low and so...
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Hello BP,The problem is this: We refinanced in our home in late November and since then we have found a 4 plex to purchase. We were planning on moving out of our home and into the 4 plex to house hack for a year, whil...
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I currently have one rental in the Denver metro with decent equity and I am considering doing a 1031 exchange into a multi-family unit to scale my portfolio. Any suggestions on how to begin the process or experiences?
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I currently have a legal two-family under contract that was originally a single family home. I am trying to anticipate the issues this will present down the line.1. The townhouse style part has four beds and a living ...