Nate Ollie
My first pre foreclosure deal
Hey guys,
Was hoping I could get some help on my first pre foreclosure deal. I went to view the home today and I think its got good potential to be a sweet deal. Since this is my first go round with pre foreclosures,...
John Walker
Tenant issue in foreclosure acquisition
I just found out today that my offer for a foreclosure was accepted by the bank...I intend to purchase the property with an FHA construction loan which requires me to live in the house and begin construction within 30...
Kyle Wenger
Private Money for buy and hold
How does one go about finding private money lenders? I'm having a problem with getting offers accepted on 40k-80k single family houses and competing against the full cash offers close in 10 days people where as I am n...
Hoi L.
Should I put my first investment residential property into a LLC?
Hello fellow BP friends!Just agreed on our first residential SFP and waiting for the closing in mid-November. Wondering if I should buy it through our newly setup LLC or buy it under our name.Background:-we are both ...
Leslie Hsia
Questions on Foreign LLC's
Hey all! New investor here. I have some questions regarding LLC's.
My basic understanding is that LLC's are good because they can separate your businesses expenses, and they keep your personal assets safe in the even...
Kyle Owen
Househacking in the Philadelphia area
Hello! I am looking to purchase my first investment property using the househacking method. The goal for starting out is to find a 2 or 3 unit property and to live in one of the units. I am looking to use an FHA 203k ...
Kevin Stein
Seller Financing, Down Payment, HELOC Etc.
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Robin Grimes
Fiberglass blows and Cellulose sucks.
It’s 105 degrees and dry, dry, dry in Houston, Texas. One of my tenants called to say the A/C was not keeping up. It was 81 degrees in the house with the A/C running 24/7. This is an older home built in 78’ so th...
Danny Luu
House Hack with a twist?
Hi! I have a few questions regarding a HOUSE HACK idea... Sorry this might be a little long but i want to give as much detail as i can to get better feedback. Thanks!The property of interest is in LA (near USC). It is...
Shawn M.
Tenant worried that peeling paint might have lead
I just took over managing a property and gave my tenant a new lease to sign and a lead paint disclosure. She replied " you mean my peeling paint has lead in it". I said that I have no knowledge of it does or not I am ...