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Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? I ...
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I've found ways to get 70% of Purchase price funded by hard money. However, I don't seem to have enough cash and credit cards to fill the gap. Been at this for almost a year now and can't get the finances in place t...
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Hello, bp members. I'm new here my name is Sam and I'm 23. I have a problem to solve. I have a down payment and a fund to live on for a bit set aside, however I have no current income. I would like to buy a small mult...
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Hello! We are getting ready to do a refinance, we bought our house about 6 years ago and we bought the worst house in the nicest neighborhood we could afford. 3 years into living there we did a refi and got a VA lo...
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I’ve been in discussion with several lenders recently as I build my multi-year business plan. Lima One offers a program that has non-recourse loans that can be used within an LLC. Of course, there is a cost to this an...
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Why wouldn’t everyone just try and secure NNN deals with their capital they saved and continue to slowly build their portfolio with more until they decide an amount to retire?
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Used search function and can't find my exact scenario so just thought I would jump in with what I hope will be a "value add" to the forum. I recently bought a Historic District duplex (separate buildings) 2/2 and 1/2...
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Im reading the BRRRR book right now and its talking about the 1% rule and how you can use it as a guideline to see which areas to invest and to save you time on going deeper into a deal.
Im not 100% sure how you woul...
My wife and I own a couple of properties in Los Angeles (1 single family, 1 4-plex). After many, many discussions, we've decided to use our resources and move forward in expanding our long term portfolio and purcha...
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Hello, this is my first rodeo on investing in a run down house, my Amex gold business card approved me to spend 120k and I got approved for a line of credit for 50k. This will be used for repair cost and down paymentA...