Pat Mulligan
Why am I having such a hard time with HM lenders? Unrealistic?
I have a property under contract and have been working with a loan broker FOR OVER A MONTH! I'm in clear danger of the seller's patience running out. Was told we "passed" the lender's test: 730 Credit scores, ple...
Maria D.
Using an IRA account for RE investing?
I'd like to use my IRA account to invest in RE. What is the best way to do this without liquidating my IRA? I'd like to use the money without actually withdrawing it to avoid paying income tax on the withdrawal. What ...
Account Closed
Buying an Apartment Complex
Hey guys,
I am interested in buying an apartment complex. How do you determine which markets are good to invest in right now?
How do you find out about market cap rates across the states?
What would you do from a ...
Michael Nelson
What do hard money lenders need to see in terms of the deal?
Hi,
What seems to not be mentioned often is exactly what hard money lenders want when presenting the deal to them and what that turn around time is.
Context- Where im looking properties that are good deals move fa...
Victoria Townsend
Attorney & CPA giving conflicting advice... help?
Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
Matthew W Harrell
Multifamily Investing - Pro/Con Worksheet of USA Market
Hi Everyone,Investor here looking to divest out of one (in-state) market and into another (out-of-state) market. I'm looking to place about $5MM into a market with 50% LTV (~$10MM purchase). I'll be in a 1031x and w...
Juliette Olsen
Self manage or hire property management, that is the question?
Hi!We’re planning to rent our home when we move—but we know we will be moving out of state. Question is:Self manage out of state? OR Hire property manager and eat the costs until you have cash flow coming in? What’s t...
Sam Leon
A couple of things on turning over a unit between tenants
I have a few things that needed input from BP landlords on turning over a unit.SHOWING A UNIT WHILE STILL BEING OCCUPIEDThis is something I have never done I always waited till the unit is vacant and I have a chance t...
Isaiah Thelwell
Seasoning periods for Refinance?
Hello, i’ve been hearing different investors talk about a seasoning period when refinancing out of hard money during the BRRRR process. can anyone help me dive a little deeper on what this is/mean?
Sarah A.
Rejecting an applicant when I don't have another one at all
We have a house that is harder to rent than our others. It's very clean and in good repair and priced well for our market, but it's older and has some odd features and it's not in the best area. Plus it's a slower ren...