Hello all,Just acquired a property via foreclosure by the junior/2nd mortgage. The 1st/senior mortgage is in covid forbearance but not in default. It has a 2.5% interest rate (better than what I could get as NOO) and...
Hey guys
What is your minimum stay requirement for beach properties? Does it change by season (e.g. one week minimum for summer, but any amount of nights in the off peak)? I am about to launch my property, and I am t...
Hello BP community!
I am a Chicago/Northwest Indiana investor and would like to know when is a good time to start an LLC? At the moment, I have a total of seven doors spread out over three addresses. I am not sure i...
I hope this is the right forum. I've seen several threads on structuring a partnership but I can't find anything that addresses the profit split.
The situation is this: I own profitable rental property (thanks to th...
I would like to make that first move and purchase a property. I'm working towards preapproval and have been following the market here in the Puget Sound for a few years now and prices have certainly climbed. I am ho...
Hello, I am pre-approved to buy an investment property and I was wondering how can I get this new loan under my LLC? Thanks!!
What are your thoughts? I decided I wanted to start off locally by investing in cash flow. So I wanted to start with mobile homes, What are your experiences (Pros and Cons) in purchasing mobile homes to rent out? They...
Hello,My husband and I would like to buy a house to flip, but realistically will not be able to do that until some time in the fall. Figuring 30-60 days to repair and then list to sell, we will be heading into winter...
I'm set to close on 2 rentals this month. I got a preliminary HUD sheet from lawyer. Under the 1100 lines for Title Charges, 1101 "Title services and lender's title insurance" is filled in. 1102 "Settlement or closin...
so I have been driving around and have maybe a handful of homes that I have in mind to contact. I downloaded landglide app and I wanted to call and talk to these people but I'm very nervous. If I so call them and the ...