John Tan
Converting Conventional to Portfolio to get around 10 limit
I am working on converting my conventional loans to portfolio loans to get around the 10 mortgaged property limit. From what I am reading, it doesn't matter how the loans are financed (ie conventional or portfolio), ...
Patrick Howell
Cash out refinance on my entire portfolio
Hello,
Wanted to get your everyone's feedback on this scenario. I'm hoping to leverage some existing equity in my REI portfolio to pay off some student loans. I currently own 5 residential rental properties (with 5...
Eric Fox
Finding Motivated Sellers. Strategies.
Just curious, what are ways that all of you have been finding sellers (actually have closed on the deal or has been a good deal) recently. Please try to limit the short answers - "bandit signs". Try and elaborate mor...
Jimmy H.
Use of wife / spouse in asset protection
In my research I have noticed that a few investors will put their personal residence in their wife's name. Is the smart in terms of asset protection, does it provide an added benefit?
Also, lots of talk from people w...
Sandra N.
Borrowing from IRA to buy rentals
I want to borrow money from my IRA to buy a rental. It would be a loan bcuz I will put the money back after I refinance.
Would I be charged penalties/fees from IRA?
Sami Gren
Do you charge late fees during the corona pandemic?
Hi,
I would like to know how do you go about tenants paying rent late during this corona pandemic, do you charge late fees?
Dax Kirkwood
Landlord or tenant friendly options near Portland OR?
Hello Bigger Pockets community,
I am as new as they come to absolutely every faucet of this so please excuse any ignorance on my end.
A brief rundown of my basic outline; I intend to begin with a house hack (my ...
Saravanan Varadan
LLC Vs Umbrella policy
I have umbrella policy and property management company to manage my 2 single family homes in Texas. I thought Umbrella policy is sufficient until I read Robert Kiyosaki The Real Book of real estate where he is saying ...
Yakub Saputra
FHA LOAN FOR MULTI IN LA
Hi fam,I’m a self-employed looking to buy a multifamily (3-4 unit - is the goal) in greater Los Angeles area(LA and/or San Bernardino county). I’m trying to get a FHA Loan. How much income should I record as a taxable...
Ian Sinclair
Tax Time... Is it harder with SLLC vs. an LLC ?
So I made the decision to do an LLC already.I want to protect my families home and assets and it’s likely just the best option for me.So now I have a decision to make... LLC or SLLC...I understand the benefits of LLC ...