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I have both first and second mortgage of my primary home. The second mortgage rate is much higher than first.I also have several rentals which have either 15 year or 30 year loans, they have different interest rates.I...
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I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
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I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...
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I am a former buy and hold investor (rental co-op, condo and SFH) and multi-family property manager seeking to transition to owner-occupied, SFH, 1st position NPN.As a newbie to notes, the Note Assitance Program, espe...
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Hello BP Community! This is my first post, although I have been an active podcast listener and forum reader for over a year. After feeling as if I have done my due diligence and am financially ready to jump in and act...
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Over the past several weeks I've had multiple conversations regarding how to get started in multifamily syndications. And the common theme, or belief is that it is best to start small. In fact, a close friend of mine...
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So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...
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Consider two investors just getting started. One wants to build and is in principle opposed to buying existing structures; the other is only interested in buying.
Which will come out on top?
I know that most will ...
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Ok. I Recently closed my 1st deal on 2 SFH's with a conventional loan. I wanted to transfer the properties into an LLC but my attorney says that technically it's against the clauses in my loan to transfer the loan to ...
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I'm purchasing a home in a suburb of Cleveland with Hard Money. My original intention was to flip the property and use the proceeds to help purchase a small multi-family home but am now considering holding the Single...