Dominic Richardson
What do Money Partners look for in a deal?
If you are a PML or Money Partner, what do you look for when someone brings you a "deal"? Is it Cash Flow, Cap Rate, COC, all three or something else? If it's cash flow, what is the target amount? If its COC return, ...
Jeffrey Tate
Riots and Civil Unrest on Property Values
Hi All, I live in Minneapolis and on Tuesday I entered into a purchase agreement for a duplex that is blocks away from the center of all the riots and civil unrest. Since then the city has been torn apart by riots and...
Clint McGraw
Conventional Mortgage With LLC????
We started our LLC partnership back in 2-20 and have had trouble obtaining a conventional loan for our flips with an LLC. Have any investors here ever obtained a conventional with an LLC. Guidance and suggestions will...
Sheila Reyes
No LLC- First Investment
Hi BP Members! I'm on the way to getting my first MFR (fingers crossed) and am currently starting attorney review. I was wondering how can I start running things like a business without an LLC? I understand that accor...
Ryan Duchak
Purchase from Bank prior to foreclosure auction in PA?
Has anyone successfully purchased a home that is scheduled to go to foreclosure auction from the bank prior to the auction? I recently came across a property that I am interested in but it has another 2 months before...
Mike Van Kleeck
Intro from Los Angeles
Hi, name is Mike.
I've been looking for M/F (3-6 units) for about 12-18 months. I'm looking to finance the purchase for as little down as possible (25% down is what I'm counting on for investment properties)...
Yael Fuerst
LLC question
HiI am planning on purchasing properties in Pittsburgh PA and Burlington AL.Do I need to open an LLC in both states? If I only open in one State can I purchase in another State? Will I incure higher taxes in that case...
Account Closed
Cost of Rat Control
I looked through a few of the previous forums on rat control and found a few interesting stories, but nothing regarding professional costs for the treatments. One of my tenants reported a rat under her sink, we had a...
Timothy Metra
Can someone explain how Dave Ramsey lost everything?
I don't understand how Dave Ramsey was screwed over so bad. He was young, had a lot of debt, but had about $1M in equity. He says the banks he went through were bought out and that the new owners wanted the debts paid...
Taylor Rider
To be... Or not to be (an agent)
Ok BP nation, I need pros and cons, the good and the bad, from the experienced and new guys. I have recently made the decision to leave my profession and go all in w/ real estate. (Woop woop!) I haven't turn my 2 week...