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Good afternoon,I've been an active RE investor for several years now in the Atlanta area and currently own 7 single family detached rentals. Each property is mortgaged and has a fair amount of equity at this point. I'...
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Hi BP Network,I'm new to the RE world but have really caught the fire. I've started house hacking and I'm currently working on my first flip. I adore BP.Recently I was approached by a long-time Renatus member. He r...
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My husband and I are purchasing a duplex that has tenants in both sides. We will receive the refundable portion of the deposits as well as any pre-paid rent. I was trying to find what the laws were in regards to wheth...
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We moved to Omaha from St. Louis. I have 3 two families and 2 houses I bought and rehabbed and rent out in St. Louis. I am a real estate agent and would like to buy a fixer upper to rent in Omaha, but the market here ...
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Hello everyone,I'm trying to find ways to finance my apartment complex, I love the Fannie Mae multifamily loan product. However. I don't meet the net worth requirement or liquidity. Are there ways for me to meet those...
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I am flipping a property in my LLC that I have decided I want to live in. How can I refinance out of the LLC into my name as a primary residence? Can I do a cash out refinance when I do it? Is there a seasoning period?
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We're gutting 5 kitchens in a MF. I'd like to put "black stainless" or slate appliances in. I'm fine with top/bottom fridge/freezers. What would you recommend as a decent budget option? We will need dishwashers as well.
Hello all,
I'd like to get the opinions of our investors on how you typically divide ownership/profits/etc. and the accompanying responsibilities each partner is responsible for. Here is an example:
50% - 50% split ...
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Has anyone experimented with direct mail to Multi-family apartment owners as to which has a better response rate: typical yellow letter simple postcards or more formal appearing letters? And response rates to mailers...
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Hi everyone. In 2 weeks we will be closing on my first deal. An off market 6 unit apartment and 6 townhome complex. So far I have my PM lined up and am working on getting a new insurance policy. What else should I be ...