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If I am planning on using hard money or private money to fund the deal, how should the offer be written up? Is this written up as a cash offer or an offer with a contingency that needs to be put in specifically for ob...
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Hi All,As there are many well established, and up and coming, rental property investors on here I figured I would ask this question of you.I hear many different options for financing your first rental property. This ...
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I have moved to a new area for a job and am looking at real estate investment. I am currently undergoing a divorce, though expect for it to be finalized within the next 3-4 months. As such, I am looking at lease o...
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Some of you might have seen my other posting regarding a LLC with a relative of mine.
She will purchase a house in cash for $35,000 and lease it back to me at $235 per month. The current tenant is paying $800 per mo...
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Hello BP Community,
In September 2022, I have acquired a property in North Carolina, which I plan to make available as a medium term rental. This will be my first MTR. Unfortunately, it look like I need to wait 1 yea...
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All, I own my primary residence and have just purchased a new property I am going to be renting but paid all cash so I own it outright. As I build my business i most assuredly will be using borrowed funds. should I ...
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Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
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Hey everyoneSo, I'm a newbie. My in laws are gifting me with 50k to invest in real estate. I found a nice REO property, that's about 2 hours away from us now. It pretty much fixed up, just waiting for kitchen, 2 bathr...
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Hi; I'm new in this business and I currently have 2 properties that I'm renovating to resale. I purchased the houses under my name. I have been told that I should open an LLC for each property. Is it too late for me t...
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I seem to have an opportunity to expand into Hard Money/private lending here in Colorado Springs and I am looking for some pointers to ensure I don’t fall into avoidable traps and beginner mistakes or become victim to...