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I went to my credit union today and inquired about their requirements for financing on small multi-family investment properties. Unfortunately, this particular CU doesn't work with multi-family properties. The loan of...
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Dear BP members,I just wanted to share with you this story because I realize that many of us (newbies) struggle with getting a mentor to help us and guide us during our first deals. Well let me tell you what I have do...
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Hello everyone! We have a deal that we are evaluating and need some thoughts/feedback on what we could be missing or looking at incorrectly. The numbers are great, but there are a few risks involved too.Looking for th...
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I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...
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Hello BP Community:After months of reading and reviewing the BP forums, I'm still struggling to define my niche. I enjoy learning about different ways people are leveraging real estate to reach their goals. However, m...
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Hello, I recently caught the bug for real estate investing and am looking to get started. I live in the Ogden area of UT. My goals are to invest in single family and small multi family properties. I’ve been in this ar...
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Hi all, I currently closed on my first multi-family rental in May of 2022 in New Bedford Mass, and have been doing a house hack ever since. I bought the property in decent condition, with two of the units updated. Sin...
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I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
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I have a 3 family under contract in Bloomfield, NJ. We just did a tank sweep as underground oil tanks are very common in this area for houses of that age. Sure enough the tank sweep turned up a massive underground oil...
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What are consequences of not paying HOA dues. We pay 900 per month HOA due in Dallas, texas, small house, and HOA does nothing at all. We know many neighbours who didn’t pay HOA dues for many months and nothing happen...