Bryan L.
Private money and/or hard money loans - structure
Needing some advice/info. I've typically been doing 3 rehabs concurrently with my own money and/or lines of credit. Wanting to do more in 2014. Here's the question:
How to structure with private money or h...
Jeremiah Dye
Dress for success, really matter??
Hello all! I was just thinking before I go to a new small bank and inquire about financing and opening new accounts, how important are the clothes I wear? Let me tell you about my everyday work attire, I’m blue collar...
Scott Benton
Mortgage Hacking: Why I Paid My Mortgage Six Months in Advance
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Kelvin Williams
Newbie Closing on 4plex
Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
Ramesh Ramdatt
When should I sell
I just purchased my first home this past July. It's a 2 unit house that I'm currently using as my primary residence, and renting the second unit. I had to take a FHA 3.5% down loan so my mortgage is high. I created a ...
Lance Conyers
Investing with 401k. Using a partner.
Hello BP community,I am an experienced house renovator with no experience in flipping houses. Let me explain. Ive been in home construction, remolding and maintenance all my life. I worked as a commercial maintenance ...
Duke Choi
LLC (Single Member) - Set Up in California
I am new to the forum and I am glad that I found this. I actually have two properties (still paying mortgages) in CA and I am planning to turn one of them into a rental property. I've researched, watched and read many...
George Duchatelier
Revocable Trust and LLC question
I don't know if anyone can help but i have a question, hopefully someone can answer. First off, i live in Florida and my rental property is in OH. My trust was created and follow the rules of FL, if that makes any dif...
Doron Nisenbaum
How do you track and collect all the expanses?
Hi,I am about to have my first TAX report this year, and the CPA is asking for all the expense.During the rehab, I got tons of receipts and invoices. How do you keep track? Do you have some filing system?Thanks Doron
Keaton Labby
Renter "between jobs" offers to pay entire year rent up front
Hi Everyone, I have a few tenant applications and one of them is offering to pay the full 12-month lease's rent up front with the security deposit. After the screening process the background check, eviction report, an...