I am struggling to refinance my triplex because it is in an llc. I own the triplex out right and believe it will appraise around 230,000. It rents for 2275.00 and the NOI is around 1100.00 per month. I'm looking for 1...
I'm new to investing and am looking to make my first deal here within the next few months. I'm meeting with a portfolio lender this Friday and am looking for advice on what types of questions I should consider asking ...
Hello BPers,I can't thank BP enough for the motivation it gives me every day to pursue my real estate dream. It is a great platform to learn and be motivated.I'm in a situation where I'm under contract on a SFH and I'...
Hi BP,Had an interesting convo with someone the other day debating the Solo 401k option for self employed individuals or taking the annual tax hit but keeping your cash more liquid to actually purchase rental real est...
Hello everyone! My name is Erica and I am joining y'all from Portland, CT. So my story is, I was an international tax adviser for years until 3 months ago when I quit to change everything (travel across the country, f...
Just starting out. Using equity. Should I use a Loan or Line of Credit? Should I use a Mortgage Company or Credit Union? In the Houston Market, should I fix and flip or house hack a duplex?
I'm a long term buy and hold investor looking to diversify my portfolio. We currently own 38 doors of small multi-family apartments in Central Texas. As we grow our business I'm looking for options to diversify. We...
Hello ALL!
I am new and I was hoping to get some ideas/advice. Long story short, I will have roughly 90K to invest in real estate in about 1 month. I already own 5 rentals and have a steady cash flow of 1800 per mo...
So I was wanting some advice.I'm very close to being ready to buy my first property for a rental.I've been through 10 banks, finally I found one that gave me the time to day to at least have a discussion with me. He s...
I have a house that I'm closing on and plan to rent it out. If I pay cash, I want to (ideally) get all my cash back out with a refinance once we have rent coming in. Does anyone know a of a bank or lender that has m...