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I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
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Hello BP, I am currently in contract to purchase my first property, and I'm super excited/nervous at the same time. It is a 4-plex in Austin, TX and I plan to occupy one of the units. The back yard is great- each unit...
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I'd like to say hello to everyone and would like to extend my appreciation to all the posters. I have learned a great deal by reading this forum for the past few weeks. I actually came upon it while browsing other rea...
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I've been doing this for a few years now and feel like I know what I am doing, but I also know it's good to get feedback from other investors to keep myself in check. I guess I'm looking for validation that I am on th...
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I am moving in Fort Myers for work and the project forecast is 5 years.I am not sure if buying would be the best option if, after the project will be completed, I will need to move in another location.Is the rent a v...
Hey guys,My dad and I were wondering what we should do when it comes to LLC's and Utility payments. Should we have a one LLC to one property ratio or would it be better to have multiple properties under a few LLC's? A...
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Meth Lab Concerns
My biggest concern these days is discovering a meth lab in an investment property.
The last time I checked, there is no insurance coverage to protect an investor from the costs and loss. It is my u...
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Hey BP! Hope this is helpful for some and happy to dive in more re: the right capital structure for different types of business plans and investors. Thank you!What is Capital Structure?The way an investment or entity ...
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This is from the MLS 2 ranch style 5 plex buildings on separate lots. Excellent potential. Newer metal roofs in past 10 years, 9 year old boilers and water heaters. 7 units remain vacant, 3 units rented on month to mo...
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Hello my fellow real estate geniuses...I am very analytical and I don't take action unless I see facts, numbers... I am an engineer, you get the point... :/Well, I am getting ready for my first marketing campaign and ...