Armando Payano
Writing a bio for a commercial loan application
Hello BP,I am in the process of applying for our first commercial loan. We have done numerous residential loans since we started investing about 2-3 years ago. The loan is for a multifamily residential property. One l...
Braden Souder
Deal analysis
Here's my deal- Seller has a 44k line of credit on the house which she is willing to leave in place. The ARV is about 80k and already in good condition. She wants 10k at closing and nothing later other than for me to ...
Account Closed
BRRRR and Limited Partnerships
Hello everyone,
I've been in the game for about 3 years now and my primary business model is BRRRR. I have a very common milestone, I believe, which is to generate enough passive income to leave my W2 job. About two ...
Connor Mather
Business Structure and Insurance for Buy and Hold Rentals
Hi Everyone,I am in the process of transitioning my 3 townhomes out of my name and into my LLC. I was wondering how everyone structured their long term buy and hold rental properties. 1. Do you keep all properties in ...
Carlos Rodrigues
Looking to buy in South Carolina
Hello BP!
I'm currently located in Union County NJ. A thought as crossed my mind to potentially invest out of state. Although I've never been to South Carolina but I'm thinking of looking out there to invest. The com...
Joanna Kotlarski
Assuming the mortgage
Hi everyone,I am looking a at 159 unit apartment complex and the owner has an assumable mortgage. If I try to assume this loan, will I go through the same process as if I were just getting a loan to purchase it?The o...
Tony Pascente
Self-directed IRA with checkbook control
Can someone provide feedback on companies to set up a self-directed IRA with checkbook control? Decent service and low fees would help. i heard of Broad financial, Udirect IRA Services, entrust group and IRA Service...
Michael Campbell
Loan for down payment
Good morning, can I get a personal loan as a down payment for an investment property?
Jason Lieberman
Purchase inside an LLC or in personal name?
I am in the process of buying my 3rd rental property and several people have recommended putting the property into an LLC for asset protection. If I buy it in an LLC, financing becomes expensive, if I buy it in my ow...
Adrian N.
Self directed IRA question from a newb.
Hello,
I left my former company and since I was not fully vested I lost half of my 401k. I recently heard about rolling over what’s left into a SD-IRA. I have two questions with that.
How does it work with taxes if ...