![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/51525/small_1621411521-avatar-soldat.jpg?twic=v1/output=image&v=2)
So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...
Hi all!I was initially thinking of buying upto 20 Multifamily units with financing for long term retirement buy and hold goal. Now I am wondering if the better idea would be to buy 100 Multifamily units with 3-4 joint...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1212363/small_1621510261-avatar-evane15.jpg?twic=v1/output=image&v=2)
Hi! I will be closing on my first house in less than a week out here in the Phoenix area (house hacking of course) where I will only be paying $200 per month on my mortgage (would be less but I’m helping my brother ou...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1865308/small_1621516237-avatar-philipt50.jpg?twic=v1/output=image&v=2)
Hi, newbie here. Still trying to wrap my head around the refinance part of the BRRRR process. What’s in it for a lender to offer me an LTV loan? When are lenders more likely to offer LTV loans, market wise, and based...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1546/small_1621345698-avatar-weaves.jpg?twic=v1/output=image&v=2)
When my wife and I bought a new house, we turned her house into a rental. I negative cash flow about $150/month because the house is underwater by about $80k (value $100k, owe $180k). She took out a first mortgag...
We are stuck in a situation that keeps repeating itself. We have a rental property in a high demand area. Houses in this area do not go on the market very often and a lot of our tenants try to exhaust/frustrate us int...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/388787/small_1621448435-avatar-rick2.jpg?twic=v1/output=image&v=2)
What are the legal repercussions if you lie about being a accredited investor? And what kind of trouble can the issuer get into? What kind of forms do you get from the issuer or is it just on good faith? I am not a a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/494318/small_1695908264-avatar-paulw54.jpg?twic=v1/output=image&v=2)
I just looked at a property at 14308 Lakeshore Dr in Cleveland. It's a 17 unit brick building for 255k, with a cap rate of 24%. It looks nice from the few pictures.
In the Phoenix area that would cost over a million...
We’re are in the final day of escrow our lender called us on Monday and said they sent over VOE’s to our jobs and needed us to make sure they were completed so that we could close on Wednesday (today). So we scrambled...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1922760/small_1621516715-avatar-alyshaj2.jpg?twic=v1/output=image&v=2)
Hey everyone!
My family and I just purchased our first home here in the DFW area. With the market being as crazy as it is, purchasing this home was an absolutely insane process that thankful we made it to the end. O...