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So I have 3 rental properties in central Illinois. 1 has a mortgage on it. I'm selling one of those 3 tomorrow and can just use the proceeds to pay off the mortgage on the third and pay off the mortgage - leaving me w...
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Numbers i have so far. Is this a good deal for me to go ahead and buy. This will be my first property ever bought. Basement unit rent-$415 a month-7+ year elderly tenants 1st Floor-$550 Rent2nd Floor-$550 RentTotal=$1...
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Hi. I am a home owner. I am trying to get a line of credit using my home. Recently I applied at a local bank and was not approved because the amount of taxes I paid over the last two years was not enough. So I would l...
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Hi all,I’m working on an offer for a package of 4 properties, a 4-plex, duplex, and 2 SFR. The seller is hesitant because the duplex and one of the single families will be short term capital gains and he isn’t wanting...
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I've been talking to HML lenders lately and was just reading the comments to podcast #9 on HM and I had a thought come to mind. If a HML will only lend to an entity like an LLC and I want one of my exit options to be...
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Happy Friday BP Forum!I have a few questions about a deal I am trying to close on in SE Michigan, 2 commercial properties in the same commercial complex. This complex has about 50 units in total, mainly mom/pop shops ...
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Hello,
I am hoping to get some input from the BP community on my current situation.
I purchased my primary residence 04/2022 and have been house hacking it since. My plan was to live in this property and save up a d...
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Hello - I'm in the process of purchasing my first Single Family Investment property and I have a few questions as to how to go through with the purchase -- My Father has offered to be the bank as I don't have 25% down...
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can israeli invest in real estate in usa?
if he is not amrican?
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I have found a group of 4 triplexes that the seller wants to sell together. My daughter and her husband are interested in joining with me on this investment. Would it be better for us to form an LLC and buy them as ...