Heather Rummel
Architect needed in Los Angeles area and question
I have never posted before so please let me know if I'm doing it wrong. I am a (very) rookie investor planning a house hack. I will be adding an ADU (additional dwelling unit) to my property for rental income. I ha...
Roman Sari
Borrowing Money with no Income?
-NYC-I bought a property for $525k, I still owe 50% on it. Its currently 2 units and sits on a double lot that can be made into 2 three-family houses (6 units total), which will rent out for total of $16.5k a month. I...
Nicholas Baker Wood
How I turned $10,000 into $90,000 in 30 days!
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $8,500
I assisted an investor in purchasing the next-door 8 unit building for an extr...
Andrew Merewitz
BRRRR - How to use hard money and then refi ?
I'm looking in Florida (jacksonville specifically) to start with some BRRRR properties. The hard money lenders require an LLC to lend to, but then when I want to refi into a conventional loan, I wont be able to do so ...
Daren Card
Impact of LLC personal guarantee on personal mortgage application
I am working on beginning my real estate investment career with a group of like-minded acquaintances. We plan to begin with turnkey investments and are forming an LLC to hold these investments. We have capital but wil...
Will H.
10/6 ARM financing with 5% down
Hey BP!
Anyone care to share their experience/wisdom with using a 10/6 ARM to finance their property? Seems pretty attractive if we are talking about a 10 year fixed rate that's about 1% lower than the current conven...
Hayder Ali
Real Estate Planning
My father owns (3) 2 family units. Son and daughter manage the properties. He does not want to deal with the properties anymore and wants to transfer them to our name. Im not sure if that's a good idea. Son and daught...
Matthew Kauk
Llc for AirBNB/STR
I have an AirBNB in Savannah GA that I bought in August of 2023 it coming on a full year now and I'm looking to refinance.At what point should I move the STR into an llc?Should I do this before I refinance my home or ...
Tyrel Holman
how to properly use a line of credit.
So my line of credit of 140k just closed. What are some ideas on how to use this in terms of scaling my rentals properly
Todd Mason
Is this a Possible 1031 Strategy?
Thinking about how to best structure a 1031....Loan balance: $125K...... Est net sales price( after all closing cost ) $310KEst net proceeds: $185K.... This would be the amount to roll over into 1031 and put towards n...