Brian Silvia
How to refi (BRRR) in an LLC without personal DTI constraint?
My wife and I are in the process of BRRRRing 2 properties (held in an LLC, we purchased both with cash). We talked to a lender about the refi step for the first rental property, and were told that one of us has to per...
Joseph Komarovsky
BRRRR - Financing & Cash Out Refinance
Hey, hope y'all are having a great day!
I'm looking to get into small multifamily investing full time using the Brrrr method. I have experience working and managing construction.
My issue is that I don't have W2 in...
Carol DiCesare
Home insurance policies for a buy and hold
Hi everyone, I am located in Houston with one rental property under our belt. We rehabbed it and financed it. We just recently changed the deed to an LLC but when I updated this information with my insurance agent,...
Shane Miller
Process to follow for Owner Financing?
New to REI. Working on first deal. The seller is willing to carry the note in the property, but I don’t know the steps I need to take to protect myself. After we agree on terms and write it up into a contract, Do I ju...
Jason Lovemore
Sellers moved away and left their family cats
Dear BP Community,
I bought a house in Chicago and the sellers decided to abandon their 2 family cats inside the property. What’s the best course of action to get rid of these cats? Thank you
Finn Valjean III
Know when to hold em, know when to fold em?
First Deal Blunder incoming! Let me know what you’re thoughts are and if this passes your sniff test.I always feel like this timeline sounds like complaining and finger pointing. I’m a marine vet with ptsd who takes e...
Mike Hansen
Land Lord Insurance and LLCs
Hi there --
My business partner and I have just started up our series LLC, and now have 3 single family homes.
We have secured landlord policies for the homes with an insurance agent I've known for ...
Ron Brady
Appraisals Discrimination Again?
https://www.nytimes.com/2022/0...Story behind the NYT paywall. Summary: Nathan Connolly and Shani Mott are suing an appraiser and a mortgage lender after their Baltimore home was estimated to be worth $472,000. After ...
Simone Airoldi
Looking for Vacation Rental Investment in New Hampshire
Hi There!My family and I have been thinking for a while to get a vacation property in the NH area. This year we are finally ready to pull the trigger. Our idea would be to use the home for about a month a year and try...
Jude Cineas
New & Experienced Agents - What's the most annoying part about being a RE agent?
I'll go first.....1. THE UNPREDICTABLE WORKLOAD Am I the only one who is experiencing this? I keep a consistent schedule but theirs always something new that pops up. What are your thoughts?