Will Sam
Financing options points or no points?
Which one makes the most financial sense, Purchase prices 310k to be rented. Rent is around $2200
Citizens bank @
25% down
7.375% 2 points ($4650.00) $1975.91
7.5% 1.7 points ($3952.50) $1995.76
7.625% 1.5 poin...
Teresa Miller
Can somebody help with this confusing question....
Hello, question... When you purchase a property is it purchased as an LLC or stated another way , is each property its own LLC? Also, When you're acuring a deal, as a flip, do you acquire all under your S corp compan...
Ryan Bird
How to pay personal mortgage from LLC account with co-mingling
I have a personal mortgage for my rental but it’s owned by LLC so rents goes to business account. How do I pay personal mortgage using those rents? I read the below approach online and wanted to see if this is correct...
Jorge Ruiz
Fund And Grow Business Lines of Credit
Hello BP! So I recently saw a post from another member regarding Fund and Grow. Has anyone used them and if so how did it go. Sounds like a way to grow ones capital in order to turn it into purchasing power. Look forw...
Donald M.
Under Agreement and back on market
There was a property I was interested in that went under agreement and about 20 days later it is now back on the market. As I understand, there are only a certain number of reasons a person can back out of a deal, so ...
Jeremiah Williams
Business Credit cards and personal credit
I am new to investing. When you are applying to get business credit cards and the bank ask to use your personal SSN is this only to hold you reliable if I default or does it weaken the LLC by allowing someone to "brea...
Eric Davenport
Refinancing Discussion with Lenders
Hello BP Family!I have been researching and getting really excited about the BRRRR strategy, it seems to be the best way to build a portfolio in a scalable and safe way (having done due diligence of course). Before I ...
Cory Scribner
Funding
Hello BP membersMy name is Cory I'm new to real estate investing. The problem im having is I live in Maine and no one is lending in my state. What should I do ?
Zephaniah Washington
Becoming a 19 year old property investor
I don’t really know how to use this app but I’m learning. I really wanna start my own real estate empire. But first thing is that I’m afraid of my age stopping me. I’m 19 years old and have been educating myself on Co...
Dan NA
Short Sale's and Offers and Value of Properties
Hi all,
Currently we are looking at a house that is up for short sale in NJ. The original loan amount was 405k and the listing price for the house now is 340k. I went this weekend to look at the house and it needs wo...