So I'd like to say I'm following the BRRRR method, but I'm currently done the following, Buy, Rehab, Rent, however, I've never refinanced a home, so I'm not sure what the process flow typically looks like other than s...
I have a self-directed IRA that I would like to use to invest in a third party's flip. In thinking about a promissory note that would avoid both a prohibited transaction problem and an Unrelated Business Income Tax ("...
Hi everyone! I am currently in the military, stationed in Rockville, MD and I live in Laurel, MD. I am really really new in investing! Right now I am soaking up as much knowledge as I can. I am starting out with t...
I live in Houston and would like to cash out on one of my properties. Any recommendations?
Three, 2 bedroom 1 bath duplex's . Market Value $195,000Purchase Price $175,000 20% down, 30yr amortization $751.55Yearly Expenses Property Taxes $2,000Repairs/Capex $5,508Insurance $2,500Vacancy 10% $3,060No pro...
I have a property that I own free and clear and would like to do a cash out refinance. I have a unique situation that I'm having issues with. I have lenders willing to do a cash out refinance but I don't have W2 incom...
Hello BP friends! Can someone clarify for me the pros and cons of purchasing an investment property (which I will live in) with an llc vs a personal home mortgage? Specifically, tax incentives/ deductions? My resea...
When purchasing a flip with hml that you would now like to keep for rental and refi with cash out what's the steps and what fees to expect?
Hello BP family I found three buildings it has 7 units 5 commercial 2 residential it gross $5200 a month he pay $800 in insurance, $250 in taxes no expense number. The owner is asking 350k he will owner finance I giv...
Hi,
I'm trying to help out my family by taking over property management duties on 1-3 residential properties in Bay Area/ SJ. I was hoping to get some idea on the easiest way to structure this with the following goals...