Trevor Ewen
Commercial Loans: Personal Guarantee?
I have a friend who is an experienced investor of a different era (started investing in the 50s). He has an interesting quote that he shared with me on the first occasion we met:"Whatever you do, don't personally guar...
Eric Blackford
Duplex Analysis
Hey everyone! I am new to REI and new to this awesome BP Nation, but I am absorbing everything like a sponge I hope! I am a well-seasoned equities investor, so that background makes the finance and numbers learning co...
Bonifacio Capuyan
Changed title from LLC to my name for refi. Can i change it back?
Hello All,This was my experience when doing a refinance. I purchased a duplex in OH a few years ago with cash. When I refinanced it the Bank wanted me to switch the title out of the LLC and into my personal name. I di...
Paul Rumolo
Out of State Multifamily Markets
Hello to all, wanted to reachout to see what midwest markets are recommended to invest in. I currently own several MFH's in both Memphis and Indianapolis. Both have treated me well. Looking to extend in other markets....
Shera Gregory
Which prospective buyer is better?
I have a single family rental home that I plan to sell next summer. We are in the process of screening tenants for a one year lease. This is not a lease option but we have made it clear that we would very much like ...
Debbie Zimmer
Getting a mortgage on an LLC property
Hello everyone! I’m hoping you can provide some guidance to us on this subject.Background: We are new investors and have set up an LLC with a Line of Credit attached. We used the Line of Credit to pay cash for our ...
John H.
Corrupt REO Agents
I'm calling it now, in a few years, you'll see a 20/20 or dateline show about the post housing boom corrupt REO agents.
It looks like some banks are catching on though...as some require ALL offers to go through their...
Alex Silang
STRs are “riskier” than LTRs
At the loan company I plan on using, STRs have a higher interest rate because they are considered riskier.Just curious, with your STR properties is this the case?After all, LTR typically have a lower MRR and will need...
Jeff B.
HOA/COA Move in fee or Security Deposit. Opinion Poll
Hi all,I live in South Florida where Home Owners Associations and Condo Owners Associations are dominant. I'm trying to get an unbiased opinion on Association Move In Fees (Non-Refundable) vs. Security Deposits (Refu...
Tony F.
California seller financed forclosure process
Sold a property with a small house and a few other agricultural structures on it, on 10 acres, Northern California, deal closed early last year. I carried with a quick pay off structure. Buyer has been late on everyth...