James Luctamar
Refinancing an LLC in New York
Good evening everyone,I have a property that I am closing on this month in New York with the strategy of Buy Renovate Refinance Airbnb/ STR.
I realized that it is a little tricky to refinance an LLC that's Single fa...
Christopher DeSimone
Introduction Chris DeSimone - NYC House Hacking FHA
Hello BP!
By way of introduction, my name is Christopher DeSimone and I am currently a 23-year-old CPA working at a big four firm in NYC. I recently finished Brandon Turner's book Rental Property Investing and I am e...
Jesse Wolf
House Hack vs SFH - Help me analyze
Hi BP,
I'm currently relocating for work, and my options are to purchase a SFH from the company I work for (home builder, no discount) or to purchase a duplex and house hack.
Either property I purchase will be tur...
Russell W.
Old Plumbing Horror Story
Frequently people will post on the forums asking opinions about buying old houses/buildings, what to look out for during inspections and what considerations to make when structuring an offer. This is a short story abo...
Cole Britting
Renting rookie question
Hi all, I have a rookie question about renting.So I have been living in a town in Southern NH all my life, until about two years ago when I went off to college. It is a mostly residential community, and I have never h...
Todd Groom
managing multiple properties with one app
I wasn't sure how to even search for this question. Currently, we are using Stessa and Cozy for our units. We have at this time 2 properties with 5 units with the first owner. We are purchasing a third property that h...
Hubert Ato-Bakari Chase
Can't win for losing
Greetings BP,I need some advice. So, I have my property ready to sell. It was under contract but buyer ended up losing her approval with the lender so now I'm back to square one. Only problem, I've been paying the mor...
Mohi Naamani
Missing out on deals due to lack of funding
I'm a brand new REI. since 2016 I have attended numerous classes and seminars, heard hundreds of podcasts (specifically on BP) but never had the guts to make the move until about a month ago. I've managed to find a co...
NA Jones
What will a lender require? (Conventional loan)
Forgive this completely noob question, but my husband and I will likely try to finance our first property the uncreative way with a conventional loan.Does anyone know what a lender is likely to require regarding down ...
Andrew Syrios
Credit specialists and credit questions
My father, despite never missing a payment in his life, has fairly mediocre credit due to, we think revolving debt. 2 Questions:
1) We think some of it may be because the credit bureaus view 2nd loans from ba...