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with rates going up right now cash flow is harder than ever with many buying off appreciation which is speculation and I don't wanna buy focus on that,I'm looking at NC right now for a single fam with just hoping to g...
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Hello,
I hope everyone is well!
I'm in the middle of closing on a fairly large property in a fairly central part of Austin, TX. Since I still have 8 days to make a decision, I thought it would make sense to share...
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Hi BP,I have a very interesting deal under contract and I wanted to get your feedback on somethings.These 20 units are compromised of 4 different tax parcels, 6plex, 8plex, and 2triplexes all on the same street.1. Is ...
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I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...
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We have a NPL on a SFR property in Illinois with a foreclosure sale date next month. Borrowers finally came to the table for a loan mod earlier this month (they have been disputing the debt for a few years). They subm...
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Hello BP!
I am pretty new to BP and I am more of the lurker type…. However, I am struggling to formulate my plan for financial independence and feel like I need to seek out some outside view points and opinions…. As ...
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Hi everyone!I have been debating creating an LLC or conducting business as a sole prop with DBA (doing business as). Currently, I do not have any properties. However, I plan to purchase my first rental property in t...
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I currently own 4 rental properties that are are single family. Three of them have long term leases and I do short term rental (airbnb/vrbo) on the 4th. I have spent countless hours researching the multifamily side an...
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One of my tenates (single guy in a 2 bedroom) asked if his friend "that fell on hard times and lost his job" move in with him. I sent out an rental application form for him to fill out cause I do plan on screening him...
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Hi Everyone, I am 25 and pre-approved with 5% down on a $499,900 two-unit multi-family unit in an increasingly popular neighborhood of Chicago--fifteen minute Uber to Wrigley Field, surrounded by tons of public transi...