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Hello, has any used a debt service coverage ratio loan? Makes sense to me to get the loan based on the value of the deal. Plus, since I don't currently have a full time job, getting qualified for a loan isn't going to...
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Hi! My name is Nick, and I am planning on buying my first rental property before I graduate from college. I ran into a little snag, and I would like to get some input from the Biggerpockets community.For the next 5 ye...
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I have some rentals of my own and each is in an LLC with its own bank account. I’m about to begin being prop mgmt of a SFH for an investor with a separate company I have established. How do people handle funds? Do I p...
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Hi Everyone!It's nice to e-meet you and I hope this message finds you well. I'm reaching out to seek advice and guidance as I embark on my journey into the world of private lending. My partner and I just started, crea...
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I currently run two successful airbnb's in the Lake Arrowhead area, but was thinking about the ideas of corporate housing. Ie getting a place, furnishing it, and renting it out in desirable areas for the corporate wor...
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Hi guys - im based in the SF Bay Area and looking to invest in some SFR's in Dallas with a partner. Would you recommend that I reach out to a TX based attorney to form an LLC or should i just go through the Legal Zoo...
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Not trying to solicit here, just looking for some suggestions/referrals on good turn key companies in Ohio, I'm an out of state investor and was wondering about turn key companies, also if you'd like to share any good...
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Hi,Is it appropriate to ask a buyer's agent to cut his commission to 2% to close a deal if I am selling my property as owner/agent?Thanks!
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Hey all!So I just signed up for Buildium and wanted to hear feedback about using their platform for accounting. Currently I run QuickBooks, but their claim is there’s no need for QB as their accounting and reporting i...
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Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...