I am retired N got some funds available. But want to buy a DUPLEX with Rental income. Lender N Bank not financing? My options? Ready to make 30% Down. Anand, Madan "Andy"
I want to make sure that I select the right legal entity for my business. I know that for active ordinary income (example: flips) I should do an LLC taxed as an S corp and for passive income (example: rentals) I sh...
I am in the process of buying some land, I have a Solo 401K that I can use to buy the land. I plan to hold the land for at least 5 to 10 years. I also plan to do some light farming on it-a fish pond, raise some catt...
Hi everyone -I would like to get your thoughts on deciding between two loan options. It’s a small loan amount but want to make sure I’m thinking about this the right way. Loan amount - $110kOption 1Rate - 3.5% fixedTe...
I have an investment property and looking to see what property insurance I should switch tooOption One – Has a $2500/2% Hurricane Deductible. Personal Property Replacement Cost Coverage is not included, and valuation ...
Hello BP community. I might come across my first investment soon. So, I am trying to gather my exit strategies to prepare myself if the house does not sell (fix-n-flip) . At this point of my research the exit strategi...
Hey everybody We own 8 rentals in Philly, we are looking to pull some cash out or get a HELOC in order to continue scaling. Our main issue is these properties are owned in an LLC. Does anyone know of any lenders that ...
I have a 2/2 condo in Gulf Shores, AL that I owe right at 250K...the condo is probably currently worth 115K...I have a potential buyer that is interested in me "owner financing" the deal, and she basically take over m...
If I have a family member who wanted to sell there home with no equity. And behind on taxes. What would the best exit strategy?
Hello BP,I have the option to buy the house I currently rent. My option expires soon. I need to figure out financing options. Here's my story: I have good credit and no credit card, auto debt. Just mortgages: 1-SFH re...