Bon Khator
Multifamily Investment Property - how to get mortgage for LLC
I am in process of buying my first investment property and need some advice. I couldn't find any lender who will give a conventional loan to a LLC so I got the mortgage in my name and the idea was to transfer it to LL...
Avi Garg
FSBO a leveraged SFH in SDIRA?
This was my first property in Baytown, TX which I bought using funds in SD-IRA and took a non-recourse loan on it as well. Its rented out for $1400 (lease was renewed for another year in March), professionally managed...
Manuel Prado
Investing in real estate using your IRA.
I have being reading and listening to podcasts about using the IRA money to invest in real estate. I am clear on all the restrictions and I am willing to take those funds on my current account to produce more money an...
Rashad A.
Tenant Late Fees Delayed
Hi, I have a situation here and wanted to get you all feedback. My tenants have been delaying monthly fees for sometime now. In particular they were late in November and December for few days. Now, they have paid mont...
Alex Tobias
Seller carrying part of the down
Anyone have experience with the seller carrying, say, 10% or so? I'd put 10% down while they carried another 10% Maybe you know where I can find more info on this? My main issue with this is curiosity of a typical ban...
Travis Richardson
Can I use a 203K FHA Loan for Multifamily to AirBNB?
So here's my story.I am a 43 year old systems engineer in Iowa, and am looking to get started with real estate.In addition, I have a 23 year old son who is willing to move anywhere and help out in whatever way he can....
KJ Smith
Can a buyer see your base contract when your wholesaling?
Hey BPers, When you're wholesaling a contract, is your base contract price protected by the title company, or can the individual you're selling to see the amount you've agreed to pay? I'd like to know more about how t...
Erick Garske
Single Member LLC Schedule E 2013 Schedule C 2014
I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...
Karen Chenaille
Is having your own website for your STR worth the expense ?
Hi FolksI am taking a long hard look at my monthly subscription costs paid out to tools. One of the tools I subscribe to is OwnerRez. I haven’t found much utility with it. The only distinct feature it gives me is a we...
Chrystian Tapia
What to do when tenant breaks Cash for Keys agreememt?
Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...