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Hey BiggerPockets, Didn't think I'd find myself in this situation. We've been working with a mortgage lender the last few weeks and have already signed the closing disclosure on a $170K investment townhome. Our closin...
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PMs - How do you keep up with the whirlwind of bookkeeping involved with vacation rentals? I've tried different vacation rental softwares that feature "integrated accounting" without much luck. For years I've used s...
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I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...
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Hello, I am looking into an opportunity to acquire 46 units for my company, the owner is willing to do owner financing, but is demanding us to get Private Mortgage Insurance does this even exist? I have never heard o...
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My name is Anthony and I live in Southern California. My goal is to have enough passive income to replace me and my wife’s income and then some. We love to travel and have 3 kids and would love take them around they w...
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I’m currently setting up legal entity structures for my existing SFH rental currently in the remodel stage of BRRRR method. I’m getting varying opinions from both CPAs and attorneys.
If I refinance within an LLC (sh...
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Hello Everyone! I am looking to get a deal done on a property that I am currently managing for a couple who have recently divorced and live in a different state. The home is a nice 3 bed 2 bath home 1800 sq feet. I ha...
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Hello BiggerPockets, Looking for, well exactly what the title says, creative real estate financing. My goal is to grow, but to use less of my personal funds than I have done in the past, traditionally. I don't wish to...
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Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...
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I’m looking for some advice and or ideas in my first deal using a Self Directed IRA. We have a place under contract. The ARV is $40k - $50k more than the purchase price. Once all repairs and updates are included what ...