I need advise in getting started with making money in real estate by Flipping and Rehabbing houses in my state and area. I'm lost and need some guidance in getting started with the first steps in the process, to findi...
I have 100k to invest, and the following is how my money is currently invested:
25k in retirement plans (12.5k in low-fee mutual fund and 12.5k Roth IRA - blue-chip company)
25k in stocks - all blue-chip st...
Long time reader, first time poster. I'm building a portfolio of properties, have 5 currently which total 14 units. I'm about to form my second LLC. I plan to keep growing and will probably create more LLC's. I ha...
Hi BP Bay Area community. New investor here. I am trying to figure out the best way to leverage lending to buy additional properties. I have 2 properties with lots of equity (estimated: 800K). I looked into convention...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Quick question:
How far in advance should I seek a pre- approval or 'get qualified' for a mortgage loan to purchase a home?
It seems that I have had to pass up at least 2 realtors now because after our first convers...
considering using a hard money lender for my first flip. any advice on what are good terms to look for? bad terms to watch out for?
Jesse Gerads who is a PRO Member here on BiggerPockets is offering to loan Private Money at terms that appear too good to be true. Has anyone here in BP EVER borrowed from him? I'm now communicating with him via e...
I have several duplexes that are financed with conventional 30 year Fannie/Freddie investment loans, but I have reached my limit (10). I am wondering how to proceed to acquire more properties. When I talk to my loc...
Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...