I have 4 properties within a blanket mortgage with my LLC. The are 5/1 ARM. Any advice about removing the blanket mortgage and separately having 15 year notes on each of the properties. At this point they are all cash...
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im 29 and be having self doubt for years when buying. Im in NJ where i am looking for a 2 to 3 unit in the hopes to use 15% down and goal to live close to rent free or low cost living.the rest i want to use on a out o...
Hey BP,Has anyone had any luck asking a seller to carry back a 2nd for say 20-30% of the Purchase price? How would you go about asking something like this? I'd like to put as little down as possible. Here is the deal ...
Seller listed two 4-plex units as an 8-plex and is selling as such. I'm wondering how this falls under appraisal and getting a loan? Would this be commercial since it's an 8-plex or would it still be residential since...
Greetings fellow BP'ers!It's hard to imagine that I got started in RE just a few short years ago. So much has changed in the market, economy, and even my life!When I first started out I really had no idea what to thin...
I hate plowing season! I've had 5 different plow people in 10 years. I've always hired based on recommendations of others. Usually they'll do okay the first few storms, then later they get sloppy or late and tenants...
First of all, I want to thank everyone for their contributions to this site. Reading here and doing research is the only reason I’m confident enough to consider getting into rental properties (and hopefully build long...
Now that I am starting to gather momentum in investing as well as my professional career, I feel as though I am getting close to the point where I am going to have to start thinking about a LLC or something similar. ...
So I need some help on a 1st grade level..... There is a family friend I want to approach in regards to private money/private lending. I've heard a lot about this but I haven't really seen it dumbed down on how it w...