Hi, I bought my first rental property with an LLC. We are three partners. What should I do to finance my second property? I tried to speak with some small banks about a cash-out refinance on the first property (we own...
Is it normal procedure to request a copy of the drivers license and social security card, and an application fee, before accepting the application? I want to make sure that they are not using someone else's name and S...
Hello BP,I am fresh into the real estate game ( about 8 days old) and I am hoping someone has an answer.I qualify for the veterans home loan in NYC. I am trying to set up an LLC and have it purchase the multifamily ho...
I already have my own business cards for professional contacts but I want to have some of those high-gloss yellow and black WeBuyHouses marketing business cards that I can leave at gas pumps, quick-stop counters, wher...
I am hunting for insurance for my first two duplexes!After reading several forums posts and BP blog posts, I see that the main two methods people talk about are the Actual Cash Value and the Replacement Cost.I'm a USA...
I've heard pros and cons to setting bills to auto-pay. Pros include saving time and stamps, not having to worry about forgetting to pay it, etc. Cons include having trouble getting them to undo the auto-pay set up (...
Hey BP community. I have a question about a tenant who is subleasing his room which is against the lease. I would like to say the room is big enough to easily have another person living there. The new person has been ...
Hi, anyone have success with tax deeds in Arkansas via COSL website?Is it true that you have to attend the auctions in-person and cannot buy online from another state?They also have a 90-day litigation period where th...
What are the pros of putting a property in a llc vs just getting a 1-2 million dollar umbrella policy to protect yourself?
I’m refinancing my home that I currently live in into a conventional loan. Once I buy another...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in San Luis Obispo.
Purchase price: $1,150,000
Cash invested: $300,000
Sale price: $1,628,000
Built in 1890, this Old Vic...