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I am currently have a property which has decent amount outstanding for water and taxes. I wounder what my approach for paying these off should be:
Lets say I am offering $100,000 for the property and there is...
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I was doing a little bit of reading up on the BRRR strategy blog post by Brandon Turner here on BiggerPockets. I'm slightly confused on the refinancing aspect of the strategy. I'll use his example to demonstrate:Let's...
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I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k) and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...
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Hello, those with experience wholetailing please chime in, as I have not completed this type of deal before. I'm trying to wrap my mind around what the purchase contract and settlement sheet will look like on a wholet...
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Hi BP Community!I just wanted to share some lessons learned during my recent purchase of my first rental property through a turnkey provider. Overall, my experience has been smooth with only few minor hiccups along th...
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Hi BP community,I recently closed on my first investment property in Southern California Inland Empire in the City of San Bernardino. I would like to thank @David Friedman for guiding me through the whole process. I f...
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Hello,I was wondering if anyone could provide me with recommendations for a good CPA/EA, preferably in Oahu, Hawaii, that specializes in Real Estate and tax strategy. I'm a buy and hold investor with rental propertie...
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I know that there have been a lot of posts about whether or not to use an LLC or not for REI. This is not a post about that. We have settled on doing an LLC. However, I have heard a few times on the podcast and in boo...
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Hi, I was "shopping" for rates because someone advised me that is the way to go. Now I'm realizing it doesn't make sense. I don't get locked into any rate so the rate I shopped 2 weeks ago is not the rate I would get ...
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HelloI am a new investor from Chicago. Recently I have purchased my first fix n flip property. I have put the title in my wife's name when the property was purchased. Now I am trying to form a LLC as everyone says LLC...