Hey BP,
I have two questions I think would be important for me, as a real estate newb, to have a better understanding of. First, at what point would you consider a person Overleveraged? would you judge if a person i...
Hi, I want to purchase the home I am renting. She is a good friend of a good friend of mine. She purchased home in March 2021, so she can't sell right now and won't - I've asked. I'm working on building my credit an...
What has been the most common things lenders have done that has caused the biggest headaches? Solutions?
Alright folks I'm rather new here and I was looking locally( Maine) for a small multi unit and found one that looked sold, Older but typical for my area, after I evaluated the " financial sheet" provided by the realto...
One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella p...
Can someone tell me if and how I can use my IRA to buy real estate?
I'm closing on my second STR in January. I have enough capital to put 10%-20% down on a few more next year, which would likely allow me to quit my day job, but I'm worried my DTI might be an issue when trying to obtai...
Hi everyone, I am a commercial real estate agent in New Jersey, however, I own a rental property in Delaware that I'm looking to sell in the near future, so not too far but not close enough where selling it myself wou...
Hello,
I have been advise so many different ways to structure rentals. Most recommended to open an LLC for each property and title the rentals to the LLC.It is a lot of administrative work and I am not sure what will...
I hear about driving for dollars and have read plenty about how to find off market properties, but how does it actually work when you get down to it? I have never invested in a flip or investment property (besides my ...