Mark Devens
How do you manage your mortgage?
So I'm about to buy my first rental which is a duplex and want to keep growing from there. Do most of you keep mortgages on all your properties or do you wait to buy another until the last is paid off? I'm sure there'...
Scott Scharl
Private Lending against Finished Lots?
Anyone have experience lending against finished lots? Our company will be doing a raise soon to help fund a small subdivision deal. We will be buying 8 finished lots on a cul-de-sac from a land developer, then buildin...
Joseph Leonard
Indianapolis rental question
Indy BP Community,Is it legal to say you do not accept Section 8 on a rental property?
Brandi Harris
As a buyer, is it wrong to contact the listing agent/seller?
I have a condo under contract with a flipper, who is also the listing agent. My financing has fallen through with the mortgage company I originally contacted. I would like to ask the listing agent/seller if they would...
Nick Ferrari
HELP ME! Trying to transfer ownership from oneself to LLC.
What would it take to transfer ownership from myself to an LLC? Here is my current situation. On our first few investments we purchased a few properties that should have been purchased as an LLC or S Corp. At the t...
Cam Jimmy
Can loan-pay-down outweigh negative cash-flow???
I was just curious about peoples thoughts on this. In super high cost areas like San Fran, NY City, etc.. Is there ever a time when it's OK to cash-flow negatively, as long as your loan pay-down out weighs that?? For...
Jeremy Bohnett
REI CPA & Attorney Recommendation
Hi all! I live in Seattle, but plan to do most my RE investing in the state of Arkansas to start. 1. Any recommendations for a REI CPA and attorney for this situation? 2. How important is it that these professionals l...
Keren Adaki
Reverse mortgage question
My neighbor died 6 mns ago. House is abandoned. He had a reverse mortgage through celink. How do I go about acquiring the property? How can I find out how much it’s going for? Is it a good idea to obtain a property r...
Brian LaPorte
Private Money - What form of documentation?
What type of docs do you use when accepting private money as part of a deal? Do they hold a 2nd position on the asset?I'm not quite there yet, but have some friends/partners interested in getting involved and I'd lik...
Frank S.
Is It Possible To Get A Mortgage After Chapter 7?
A friend would like to buy the townhome she has lived in for 10 years because the owners want to sell it immediately. Due to a divorce, she filed chapter 7 bankruptcy with a discharge date on March 14, 2017. Her credi...