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I am trying to plan ahead with what I can do with my existing portfolio in the next 3 - 4 months. In the LLC that I would be looking to do a portfolio loan (or something) I have 2 current multi unit properties and wil...
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1. Would it be beneficial to apply for hard money loans at 3 different companies at the same time and just go with whoever approves you first?
2. Should I wait to even research hard money lenders until my first deal,...
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Hi. Trying to get some very fundamental stuff answered and clarified.
example 1:
Homeowner Scott Spivey took out a mortgage for 200 grand and bought a house. He paid 10,000 dollars on it and then lost his job. He ...
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Do I personally have to occupy the house or can my daughter live there? My daughter is in college and I was thinking about buying a duplex and have her live on 1 side while renting out the other side. Is this allowe...
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hello everyone, i was wondering when using conventional financing who determines what percent down payment should be? is the down payment percentage negotiable?
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Obviously the "refinance" part of the BRRRR strategy is a crucial one.When you are analyzing a deal that you plan to BRRRR how do you determine what the numbers will look like after you refinance to ensure the prope...
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I was just talking to my CPA regarding LLC formation, as I live in California and my CPA is telling me after research but not actual direct experience he believes that:1) if I live in California any non-CA LLC(with or...
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Hello BP!
Looking for guidance from the more experienced property managers and investors!
We are moving out our first tenant (who, BTW was truly fantastic).
We were in the property over the weekend and the house, ...
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
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Hi guys, Could you please help me out?1) Tenant number 1: she is a section 8 and keeps saying: "I might move out in the end of April, unless I cant find any other rental. If I dont find any other rental I will stay". ...