I've learned a bunch over the course of the past few months, both by reading whatever I can get my hands on, as well as some of the great posts on this site. For someone like me who is just starting out in real estat...
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Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
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Hi everyone, I am about to create my first (Florida) LLC. My first investment property will be a SFR and loan will be on my name only (income reason). I was told by one lender that the property has to close on my na...
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Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
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Hey Guys,
So as an absentee investor, is the best course of action to select a property management company to do the management of the house? Do they take care of the maintenance and tenant relations?
I understand t...
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Hello, I am getting ready to make the jump into Real Estate. In June, I will have X dollars to invest in buying a home. I plan to add a home or two every year for the next 10 years. From what I have read, it is best t...
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Hi–I'm trying to develop a 5-10 year plan for myself. I see a few paths forward and am looking for some advice as I'm relatively new at this. Any thoughts would be greatly appreciated.Background:I'm 31, live in Oaklan...
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So my husband and I bought our first investment property in November and Chase is our servicer. We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase. I just got a respons...
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I am purchasing my first rental in Philly and need your opinion(s).
Here are the facts:
Location: ZIP- 19125 - Kensington / Fishtown
Single Family - 2 Bedroom / 1 Bath - 900 square feet.
Completely Rehabbed in 2007 (...
Does anybody know of a good read to better understand cross-collateralization and blanket mortgages?
I get the basic idea of offering more than one property as collateral for a loan, and have actually done a loan wit...