I have a client that bought a second home and is trying to put it into an LLC, but because it is a second home and not an investment property the lender will not allow this. She is starting to rent it out on Airbnb an...
Hello, I am very new to all of this. Our goal is to gather some money up and in about 8-9 months look for an investment property. I wanted to get some opinions since for now my husband and I are still brainstorming an...
Hi everybody, x-postI’m planning to start a real estate business with one of my good friends. He’s been a landlord on several multi-family units. He has the practical experience and I’m more of a numbers guy. I have a...
Hello all,Yesterday, during my (nearly) daily quest for a free online RE education, I stumbled upon the BP podcast and website I was so impressed by the community that I immediately joined. With two income producing...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $326,000
Cash invested: $38,000
This is a 4 bed 2 bath single family home with a full mother-in-law kitchen ...
We are currently under contract for a home that we are intending to use a short term rental (located more than 150 miles away from our primary residence). We own other investment properties in our local market and hav...
Hello! I’m looking for mortgage broker recommendations in Minnesota that provide loans based on short term rental income.
Hi BP folks ...I am having a hard time finding financing for something less than 50K. I now there are properties for 45K..that if I offer asking price...when deducting down payment..either conventional or FHA, The loa...
My wife and I bought a duplex 3 years ago (FHA) and after we closed we decided to buy 2 new cars so that we could get all the large investments done at once. The plan was to get cars that we can drive until the wheels...
Hello BP, I’m a first time investor and have been researching the best way to achieve my goal of 40k passive income in the shortest time period possible.I’m thinking of starting with a multi-unit house hack where I ca...