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Results (10000)
John Ramirez Turning my primary into a rental
22 June 2020 | 4 replies

I’ll be looking to refi cash out my current primary home, use it as a rental. I want to take that money for a DP on a new primary. This will be my first investment property. Would a lender be willing to work with some...

John Paul Whaley How many lenders should I send my app to?
5 August 2019 | 4 replies

I am hoping to get pre-approved here in the next week and I am calling various lenders to see what type of product they offer. I have spoken with a few firms who would structure my first few loans as if they were a tr...

Danny Nelson What am I BEST set up for?
7 May 2024 | 4 replies

Afternoon folks. My real estate career is at ground 0 and I am assessing my situation, to find what area of real estate investing is best for me.  What do you think? Some quick facts to help you understand my build as...

Michael Rodriguez LLC tax deductions and property management
17 July 2017 | 6 replies

I am looking tonopen a sober house in the Long Island area. I will be opening an LLC to limit liability, knowing full well the tax implications are identical for LLC vs. personal ownership in buy and hold situations.
...

Chris Murphy Financing for first home purchase (multi-family)
14 July 2014 | 5 replies

Hi guys, My name is Chris and I'm somewhat new to BP. I have recently made the decision to set up my retirement around REI and am looking to make my first home purchase. This first purchase is going to be my home as w...

Brandon Clark Leveraging money to pay 20% on commercial loan
6 May 2016 | 2 replies

Hey BP,So I've been waiting for my lender (Gulf Coast Bank) to get back to me about my commercial loan that I applied for. My guy called me yesterday and said I'm approved for a loan amount of 100k( I wish it was more...

Jeremy Barren Tax Write-Offs, LLC, and Financing
7 August 2020 | 3 replies

Hello BP Forums. I am starting off in REI and will be purchasing a first rental property in early 2021. I am going to partnering with another individual and we were curious about whether to LLC now or wait. Between th...

Ryan Terwilliger Loan and LLC
29 September 2015 | 11 replies

I am trying to get a LLC set up, the bank requires one to close. This is my first time so can someone give me some advice on how and where to go to? Attorney? Legal zoom? Other site? There seem to be a lot of choices ...

Oscar S. Holguin First purchase may have left me dry
17 September 2018 | 7 replies

Hello all! I have recently closed on my first deal a va foreclosure that was appraised last year at 129k

PP was 96k and the new appraisal came in at 106k

(The house is needing tile,water heater, repair to a parapet ...

Adam Drummond refinancing w/o "seasoning" period
5 November 2017 | 8 replies

Hey Everyone-Any recommendation on doing a cash out refinance on a rental home where you do not need to own it for six months?  I bought a house that I am going to use as a rental.  I was hoping to pull some cash out ...