Trenton Custard
Cash for 1 home or buy 4 homes with 20% down on each for 139000
I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cas...
Tom Kairys
Should I setup entity enterprise before starting out in REI?
Hi,I am new in this field. However, I been in construction, sub-contractor, in particular, flooring and remodeling for 16 years. Looking to transition from physical labor and earned income to more of the passive incom...
Daniel Galvan
New investor buying cash, why am I wrong?
Hello everybody!I've just started following the BP podcasts and discussions and find all the information very useful; thank you everybody for sharing! I'm looking to get started as a buy and hold investor on rental pr...
Andrew Casal
RI Renovation Help & Suggestions
Hello everyone!
I have a few questions regarding some renovations that I am considering for my rental in Pawtucket, Rhode Island.
Currently my units have a lot of old plaster and are not insulated. I am hearing mix...
Daniel Mendez
Seller Financing: Can someone clarify
Good morning BP members,So I am really trying to nail all the details about how seller financing works.What I am still fuzzy about is:1. Does the seller work with a third-party mortgage loan company to establish the l...
Joshua Tidwell
Long post, looking for advice
Hello everyone! My wife and I have decided to jump head first into the real estate investing pool. Our goals are aligned but we are not seeing eye to eye when it comes to the best strategy to get started. I’m hoping t...
Sue Ma
Business checking account
Hi all,
I'm curious to know which bank you have a business account with for handling your rental property transactions. I usually use Chase but recently moved my properties under an LLC series and Chase does not do ...
Shanita Parker
Need to know how to purchase property if...
I am in an organization. My church wants to purchase income property i.e. apartment buildings. How to we go about getting a loan?
Debra Steward
Quit Claim it or forget the deal
I tracked down the seller for this property I want. He will sell me the property for $500 bucks but only as a quit claim deed. I checked the property and it needs about 30K in repairs. My concern is there is a mort...
Gregg Reinbold
Charging yourself rent??
Do I charge myself rent for storage? I am storing equipment in a 40 X 110 foot building on my mixed use commercial property. The building would rent for around $1,500/ month. Do I need to write myself a rent check...