Good evening BP family, So, we are currently in the process of purchasing our third property. Our approach on the third property is BRRRR strategy using a HELOC from a current rental property that is paid in full. Now...
Daughter will be going to school next year. Want to make an investment. Looking to buy duplex, 4plex, apartment complex or perhaps some SFRs. Looking for properties. Need help with agent and property mgrs. Go.Thx.
North Carolina, via statutory changes to the Development Tier Designations, changed the way NC Commerce identifies Tiers in their County Distress Rankings. The latest rankings show that a bunch of the coastal plains c...
I'm selling one of our apartment buildings owned outside of our retirement accounts to another investor as a private sale with no RE agents or commissions involved. We own the building in a LLC, lets call this "LLC A"...
My wife and I have a 2/1 rental in a college town. We're in our 2nd year renting to students and haven't had a late rent payment until this year with one of our students.
Our students pay by semester (fall semeste...
Hi, would like BP feedback on a hard money approved loan. The numbers are based on a specific property.
Interest rate: 6.75%, Mth pymt P&I: $778.32, $2k orig. fee, $1k service fee, $360.00 pro rated interest. Wi...
Let's say you're looking at a large property (a suburban midsize mall), in the $30M range. If you have $6M cash, what are the odds of having a bank or broker finance the remainder -without- a personal guarantee?
I s...
I am looking to buy properties in another state that I do not currently live in. I am looking to set up an LLC just for the new properties in the other state. Should I form an LLC in that particular state? Or should I...
Who are people using to setup SD IRAs? Anyone to avoid?
Hi BP Community,
I'm in the process of setting up an LLC and have questions regarding the initial funding of the LLC. The plan is to purchase a property under the LLC but in order to do so, I assume I would need a se...