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Because asset protection is a high priority for me I've kept everything I've done until now in an llc. However I've been thinking about financing, and the very cheap and long term fannie/freddie loans are enticing. To...
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My parents have owned a home in Minneapolis for 20+ years and the mortgage has been paid off for a few years now. For the past few years, my partner and best friend and I have been renting out this home and paying ren...
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We will be relocating to Ohio from Florida and are interested in renting our home in Florida. I have talked to several different PM companies in the area and I am now wondering, do I really need a PM company. From wha...
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First time poster, but definitely not my first time on these forums and I am never disappointed with the wealth of content on here. I am 23 and just closed on my first property this week using an FHA loan. I will hav...
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Hi all,Just wondering how other investors see this information -- I am trying to purchase a property and have built in a 10% PM cost (of rent) per month. I would do this for any property.I am planning on managing this...
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We just completed a 1031 exchange last month, sold a rental property that was titled in my personal name, ended up buying two rental properties for cash as replacement properties in my personal name through the 1031. ...
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I'm buying a duplex out of state with a partner. We're thinking of using one of us to finance the property personally (using an investment property mortgage), and then moving the property into an LLC. Here are some qu...
Good Day to BP universe, I came across an idea of perhaps taking out a personal loan to help jump start investing into to possible rental properties or flips. Not a hard money loan, even though i would consider it. ...
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Quick question. A Fannie Mae Homepath property popped up near me. My realtor says I need to wait 3 weeks before we can make an offer as an investor. 1) Are offers during the initial 3 weeks limited to first time ho...
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Hi Everyone, I recently got an executed purchase agreement on a 5 unit building (renovating two basement units that are currently not in use to make it 7) in my area (Lansing, MI). It is a currently 'fully occupied' b...