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I’ve read that it is wise to buy investment properties as an LLC to protect yourself personally, but I’ve also heard that banks won’t lend to an LLC buyer. Catch-22? How do you do that if banks won’t lend?If you buy a...
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Hi All,
I am on the verge of taking the next step towards growing my portfolio thanks to my wonderful and stable tenants, real estate agents and others in the community.
I have (By a divine grace) 3 ren...
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I own three rental properties currently, with modest DTE ratios (<70%), and strong cash flow. I'm considering leaving my current job and going into RE full-time, to grow the portfolio. I have capital to make downpa...
Hubzu experts? What does it mean when the same bidder has bid consecutively on the same property? So for example $212 and $213k - makes no sense is this a novice bidder? Bank itself to drum up bids? These are also onl...
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Finally getting my things together and getting my ssn but since it’s too soon for personal credit history to buy a house in PA, I’m looking to make an s-Corp for what I do and use the business history to get a house i...
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Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...
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Hi BP friends,
This is my first post. So I’m looking for some advice. My wife and I are currently small investors. We do currently have an LLC setup but after going to refi some cash out of one of the homes, I realiz...
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I am looking to take checkbook control of my past 401K and other retirement funds. I am looking to invest $125K with two other partners who plans on investing another $350k into a $800k property. The property is a s...
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Hello to you all BP community!! It feels great to be back after several months. I was just here about 8 months ago looking for advise about stepping up and investing in the greatest country of United States of America...
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I currently have six SFHs that are owned outright and tenanted. I decided to do REI full time and am looking to leverage the existing properties to purchase a MFH (~10 units). I think I understand the BRRRR strategy,...