Hey guys thanks in advance for anyone who reply's :)My question is - if i buy a property lets say its worth today 100k with a 75k mortgage, and the market crashes next year, and the property is now worth 75k. Will i b...
Is it advisable to visit a potential investment area or is it ok to buy without visiting the area?
This will likely be an easy question for some of you.So, if I generate 3 LLCs, 2 of which hold 1 rental home in each, and the 3rd which is the main LLC that owns all other LLCs under it...How do I make that true? Wh...
Am looking for the right entity structure. It would be great if you can poke and plug holes. I do intend get a CPA’s input and an attorney’s input after revisions.
As I started writing this, I realized that many on ...
True? Thoughts?
Hey everyone, I'm pretty new at this and am working on having my first deal done before the end of the year. I have my strategy for acquiring my first property pretty much down, but there is something I am concerned ...
I bought my first home with an FHA loan. It was a modest 157k house, but I only make about 43k a year, plus I have about 26k in student loans and a 14k car loan, so my DTI is pretty tapped (I'm undoing and re-educated...
Hi BPs,We have a rental in Georgia that has a washer dryer hookup. Unfortunately the placement of a water heater in close proximity to the water and vent hook ups is preventing the tenant from fitting a washer and dry...
Hello all,
I am fairly new to BP as is evident with my question.
My wife and I are graduating college in December and we want to buy our first rental (duplex most likely). We will probably need an FHA loan in order ...
I currently have 2 properties and plan to refinance both of them soon. I am a "B type" person and struggle with organization skills. I have one main checking account for my LLC to help separate it from my personal ban...