Angie W.
What Questions do you ask when calling employers/landlords?
I have what looks to be very good potential renters. They have no evictions or judgments of any kind and on the application state that their income is more than enough to handle the rent and all other expenses.
...
Chris Stonestreet
Creative Financing ideas
Hey everyone,I am trying to work on “pitches” for some creative financing, specifically with approaching potential partners in real estate deals. I currently have one rental property and would like to scale but I’m li...
Shardina R.
LLC MY 1ST HOUSE HACK
My 1st House Hack , LLC or keep it under my maiden name?
Kevin Stein
Seller Financing, Down Payment, HELOC Etc.
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Joseph Molander
Flip or Hold
Hay BP, I need some advice.
I closed on my first SFR in January this year, I should be completing repairs by the end of this month... might be mid next month. The question I have is this. Should I rent it or sell i...
Rhett P.
Tax Lien Certificate is past redemption ... How to Foreclose?
Tax Lien Certificate is past the redemption period ... How to Foreclose?I'm not sure of a few things. Does the tenant still live there? Are there any other liens on the home such as a mortgage or IRS liens? How do I f...
Account Closed
My LLC finally made some money! Now how do I get $ and pay taxes?
Hello, I finally sold my first deal, but it did not to go as well as planned. My LLC did not make any money for its first whole year and all the finances came from me loaning it. I know for a fact I probably d...
Sunny D.
Umbrella insurance - on the fence
I am trying to figure out if i need further umbrella insurance. my insurance with nreig already has 1mm liability per property on coverage. I have 10 rental homes now. I got quotes from nreig for additional umbrella i...
Armand P.
Private money lender
Hello,
I spoke to an investor/wholesaler who purchased a flip property in Texas sept of 2023 and didn’t have the funds at the time to get begin rehabbing. He is looking to borrow $50k with 10% interest. He already h...
Sean M.
Re-affirming an obligation post-Chapter 7
Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...