Dan Tsunekawa
Over Leveraged? Or smart with Cash?
Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
Varinder Kumar
Umbrella insurance or LLC for rental
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
Dani Beit-Or
Refinance while a lien existed - is it possible?
One of my clients owns a house in Indianapolis. A GC put a lien on the house and while the client is addressing the lien issue with the GC he wants to refinance and pull money out. Assuming paying off the lien is not...
Shanita Parker
How low can I offer?
I'm looking at getting a rehab home with a ARV of 105,000. It is a REO and has been on the market since 4-19-2007. the asking price is 69,900. The home needs updating and there was a pool in the back that was fille...
Myk Adams
Assignees.
I'm purchasing a property in Cleveland Ohio, and my plan is as follows:
The landlord needs to get out of his loan for
his current non-income producing rental property.
Current Value: 64K
FHA Loan Payoff: 49K
Cosm...
Glenn Hines
Credit?
Hello people. Do you have any real life experiences or programs that helped you build credit quickly?
Shaun R.
Why is it so hard to think of a business name?
I talked to a portfolio lender today that seems to have good terms, but said that they prefer to make the loan to an LLC. The only reason my partner and I haven't formed the LLC is because we can't think of a business...
Riley Hinshaw
Flipping a house with 100% OPM
Are there really private lenders out there who put up 100% of the money for a deal and only charge interest? Or lenders who will cover down payments? I see multiple mentors preaching this strategy, obviously I don’t t...
Lance H.
Tenant screening: credit
Hello,
Hoping to get some opions. I have someone who looked at my rental last night. I got a great read from him, seemed like a very down to earth honest guy. He and his wife want to apply for the rental so that i...
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...