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Hey Everybody,First time poster. I'm almost about ready to start jumping into investing, but I wanted to get my LLC formed first. Had a couple questions:1) I know the whole purpose is to separate the individual from t...
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Hello! I received the follow terms for a hard money loan. Is this a good deal?It's for a full rehab of a duplex. 3 beds and 1 bath in each unit. $400,000 ARV.Total Loan Commitment: $295,000 Interest Rate: 11 %Initial ...
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Hi everyone! I'm looking to purchase my first investment property in the Columbus or Cleveland area.I don't have money for the down payment so would it be okay to get a personal loan? I want to do long-term rentals to...
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All,I have been trying to educating myself over the last 6 months or so on ways to maximize some investment funds I have. They started as company stock options when I was hired and have now converted and full vested s...
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Hi BP friends!I'm excited to join this real estate investing community. I've wanted to invest in an income property for over 15 years and have decided that 2017 is my year. I've got a demanding full-time job at a star...
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I'm 36, I've done all aspects of construction.
I'm a successful software engineer. Between my wife and me we make about 140K a year. I am the first owner of a 5 year old colonial (460K) put down 90K, pay every two we...
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Hey BP gang, was hoping to purchase a house hack in the Baltimore area and just talked to my first lender. They informed me that the money I would owe would twice as much as I expected because I had not accounted for ...
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Tenant signed 1 year lease in January at $975 a month and now wants to break lease to buy a house. What are my options. Say no and force to honor, until rented? Then I have a January vacancy in a small town.Let out an...
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Hello,
Currently interested in a house in tampa that has an ADU in the back. The front is a 2/1 the back being a 1/1. There is no separated water/electric meter, I'm going to have to calculate it into potential ren...
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I own a few 4-plexes near Cedar Rapids, IA. Rents are in the ~$550 range and the tenants pay for their own electricity. I understand and appreciate the concept of sub-metering or RUBS, but I wonder how effective these...