Picked up an off market property that needed to be rehabbed to be brought back to life. I purchased the property for $165,000. $125,000 was through a private loan with a family member and I covered the rest and rehab....
My Tenant at my Dallas rental (Collin county to be more specific) abandoned the property and its been over a month since he left. I have finished all the formalities (notice to quit, etc) and the unit is back on marke...
Hello all,
I’m trying to obtain a HELOC on a property I own free and clear. Actually, I own two houses free and clear (including my residence), both in Atlanta. The problem I keep running up against is the fact tha...
Hello everyone.I am currently working to find deals near Fayetteville, AR and Springdale, AR. Decided to send messages to wholesalers in my area.Perhaps they can get me some discounted MFH in the area.Do you think thi...
Hello all, The following situation is concerning proper accounting and tax code.My understanding is that I can lend via promissory note to my LLC at a reasonable rate (I plan on applying the 10% rate that is charged b...
I currently own an LLC with one property in Texas. Because I live in California and have to pay the $800 franchise tax, I decided to get rid of the LLC and just own the property in my personal name. What is the best w...
I placed an offer for my first deal today and the buyer is not willing to accept the contract as contingent on the appraisal by the bank (my source of financing). Is this common or unique?
hello everyone my name is chris I have a property I need to get private financing on. I have 25k to put in deal. The purchase price is 145k arv is 290k the rehab budget is 40k . I am talking to a private individual ab...
I’ve had a rental property for the past ten years and finding quality service technicians and contractors has been my single biggest challenge. I’m looking for professionals I can phone, receive estimates, get work do...
I want to implement the BRRR strategy. I am not familiar with determining the ARV to use the BRRR calculator.