Jamin Olds
Creative Investing (Other peoples money)
Hello fellow BP Members,I wanted to share me and my business partners financing for many of our deals. We currently have built our investment business to 20 unit in 2 years. Our first few deal were with our own mone...
Jason Skinner
Buying multi-unit property with tenant in place
I am a newer investor in Michigan, I have an accepted offer on a duplex. There is a tenant living in one of the units and currently renting on a month to month basis. What is your process when you acquire an asset wit...
Moises Silva
Finding Tenants / Charging Right Amount For Rent
Hello Everyone ,
Recently I put an offer in on a home in Houston TX , 4 units. After a bit of negotiation it was accepted and we are going through the process of closing soon. All the units have been recently renova...
Brian Callan
Owner Financing
Hi Guys,I have a tenant that has an interest in purchasing my home that they are currently renting from me. Their credit isn't up to par to get a traditional mortgage and wanted to know if I would owner finance them....
Kurt Moeller
Is the 50% Rule a reasonable rental forecasting measure in West Allis/Milwaukee with high RE Taxes?
After re-reviewing past income statements and doing my budget forecasting for the year I was thrilled to see I hit 38% expenses against my 2014 Gross Income on one of my rentals. But after some research on getting a ...
S Venugopal
Need urgent Seller Finance Advice as a seller
Hi Bigger Pocket-ers!
If you are experienced with seller financed loans and are able to consult with me to make sure I dont make beginner mistakes, please contact me and we can work out a paid arrangement.I've receiv...
Jim Vora
Return on investment on Tax lein
I did have a question about Tax leins:Does the home owner has to pay interest on just the taxable amount that they ownedd to the county or do they have to pay interest on entire amount the bidder bid on the property t...
Account Closed
Financing for Resi Mortgages under a Multi-member LLC
Hi, I'm looking to purchase a single family home with a partner and am trying to wrap my head around how to structure the financing on equal footing while purchasing through an LLC. My understanding is that by buying ...
Donald DiBuono
Transferring a Property to an LLC
If I purchase a multi-family in my own name, with a mortgage, how can I transfer that property to an LLC? If I transfer the property to an LLC, will my mortgage be called due? How can I avoid that from happening?
Vincent D.
Transition from SFR Investing to Multi-Fam?
Hello all. Having built a cozy stream of SFR revenue, I'm considering getting my feet wet with apartment ownership.
I'm strong with cash flow paradigms and pro forma analyses. From a Real Estate perspective, what...