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Closing on my second commercial building soon. Its a 2 level 8000 sq ft office building (exterior pics attached). The location is right near freeway with 2 large car dealerships on either side of me. The building is d...
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I am now being told I have reached my limit in this residential "type" of mortgage product (20% down, 30 yr conventional) The lenders and my realtor both say I need to go to the next step, a portfolio loan. It was de...
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I own two rental properties - one in which I'm househacking and the other I completely rent out. My insurance company, up until recently, was USAA. I've never had an issue with them, and thought they offered decent ra...
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Hello! So I'm doing some research on incorporating or maybe doing business as an LLC. As I gather info I thought I'd tap into the wealth of experience here. With that in mind... here's the story...My parents own a 4 s...
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Hello everyone! I was wondering if some experienced investors could weigh in on how they expanded past 10 properties? I know the first 4 are much easier to finance and then 5-10 have a much stricter set of guidelines ...
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I have a portfolio deal we are raising funds for. We had initially decided to create a holding LLC with two drop down single member LLC's. We have received a lot of interest, but have a few potentially large investors...
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Hey BP,I ran into a scenario where a tenant is moving out of his unit from now until the end of August. It is a three bedroom apartment so there will still be two other tenants in the unit paying the rent they agreed ...
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I finally broke down and attended to some filing. I have several file cabinets, however; since I have been a landlord for ~15 years I have a lot of paper and the cabinets are full to bulging. I have thinned these re...
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I was pre approved for house and bank just accepted my offer last week, I received notification today that credit score dropped 28 points ONLY thing changed was alert saying "credit usage significantly increased 45%" ...
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Greetings Fellow BP Members:I've been hired to run some BOV (broker opinion of value) and have come across a really interesting one which is giving me some trouble. It's a building in Washington State, specifically Ki...