Jacob Vanhorn
New Investor, Just Purchased 1st STR in South Padre Island
Just saying hello. I just pulled the trigger on a STR/vacation home in South Padre Island. We went in big for our first one, but are feeling good about it so far. We used the BP calculator to make sure it cash flows w...
Samuel S.
Land Development Deal Structure
Hey BP folks,Was hoping I could get some insight on the below off market land development deal that I am working on. This would be my first development deal, and so I have been trying to absorb as much info as I can b...
Edgar Funes
How to manual calculate COC return?
Hello everyone,So I have a question...?I checked to see if an multi house investment could give me a good Cash flow or good Cash on cash return. So in the messy picture I will post below I got a 39.72% rate of return ...
Gunnar Brown
Starting Out with or without a LLC/SCorp???
Good morning,I am seeing a lot of reference about LLC and my business being thrown around. Before i get started with my first investment property should i start a LLC or S Corp. What do you gain by doing this? Does...
Brandt Welch
How to Finance My Second Property
Hello BP community!I recently purchased my first home about 8 months ago and I'm looking to buy another in the area to rent out. I had a conversation with a lender this morning and he mentioned that the underwriter fo...
Abraham Anderson
Offer denied, now what?
I made an offer on a multi family property; the asking price was $795K, however the tax appraisal is only about $480K. so I put in a offer at $550K. The property has been listed for almost 2 yearsI don't have a RE age...
Jim Kelly
LLC question put in old LLC or have to make a new one?
I have a LLC but it's for fabrication bussiness.... if I buy a rental property can I put the home into this LLC or do I need to make another LLC for house rentals? I'm ramping down on that bussiness and ramping up my ...
John Thedford
Buy/Leaseback= Instant Tenant
I just closed on #13. Seller was in a bad position and needed to sell fast. He agreed to sell well below market and didn't want to move. So, my concession was to lease back for a year. I am giving up some FMV rent, bu...
John Worley
What is a Rehab Loan?
Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
Kyle Alberry
What path to take?
Hello again guys! I have been a part of these forums for a while, and I would like to ask a specific question regarding my situation. I am 19 years old and I recently got my real estate licence, ultimately, to get in...