Eric Grant
What to bring to a lender?
Hi all. I'm currently looking for financing for my first income property and I was curious to know what I should bring to the lender to help persuade him/her. I have run all my interests through the buy and hold calc...
John Stone
Self directed IRA and private investment
If you are NOT an accredited investor but you do have a self directed IRA are you able to invest in syndications with someone you do not have a relationship with?Thank you all in advance!
Justin Demember
Tax implications on new rental duplex
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
Eric Ippolito
Can’t get investment loan without owning a house?
My wife and I rent in the LA area and entertained the idea of buying a house (laugh track ensues). We connected with an agent and are in the middle of a pre-approval process with a mortgage officer. Today, I let him k...
Steve Francis
BRRR Live In Hard Money
Hello BPers,I was hoping to get some advice around Live in BRRR strategy or Buy, Rehab, Live, Refinance (BRLR)! We currently own a twin in the Philadelphia suburbs, Conshohocken. With 3 kids we are out growing the hou...
Rolanda Eldridge
HomePath Renovation Mortgage
It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for pro...
George White
Sellers Agent is Pushing Residential Contract for 6-Plex?
Hey Fellow BP'ers - I need some advice here... I have an off market 6 plex deal in which the owners and I have come to an agreement through LOI on purchase price. Initially, they didnt want to use agents but now they ...
Sasha Tetera
Buying a rental property as a person or LLC?
Hello BP community,
I hear that buying a rental property as a person yields a better interest rate than buying as an LLC. I also understand the costs associated with the property transfer from a person to LLC, as we...
Chris Fennimore
Question About Rules on Raising Private Money
Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response. My partner and I have been buying rental properties in Albuquerque for several years. T...
Jesse Martin
The private money deal on paper
I'm looking to raise money through private funding. Some to have ready, and some per deal. When working the deal with the private lender, how are most of you breaking it down. Let's say you're requesting $100,000 l...