Account Closed
What would you pay for this?
I know my number, but humor me please for a minute. Use any numbers you would typically for downpayment, terms, rate, etc. Cash, whatever. I just have to check myself.FourplexRent $575 per unitProperty tax 1.79% of yo...
Javonn Musgrove
The Realtor/New Investor Relationship
Hi BP,I’m a new investor who started my journey January of this year. My dad/mentor/private lender has walked me thru my first rental property purchase. Each time I asked the right question he offered further guidanc...
Travis Nebeker
Hard Money for Auction Purchases
I am looking to purchase rental properties at foreclosure auctions. I have no problem obtaining conventional financing, but cannot close fast enough to utilize that as a funding source. I have done a conventional live...
Michael Weir
Non-Warrantable Condos in Myrtle Beach South Carolina
Hello, I'm looking Into expanding my STR portfolio with a condo in Myrtle Beach, does anyone know of anyone that does loans for investment that would be considered non-warrantable properties will less out-of-pocket do...
Aaron Bush
Insurance for Co-Owned Property
Friends, I'm purchasing my first ever rental property (a duplex) with the help of a friend and business partner. We're going into it 50-50. We've done a lot of research and self-education over the past few years in pr...
Richard Mai
Exploring Co-Ownership of Property: Seeking Advice and Insights
Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:
My friend and I are...
Claire Blary
Llc set up and attorney Florida
I live in Florida, and am widowed. We had owned 4+ single family homes, which are rented out. I used the money from the life insurance policy to pay off the rentals. I have set up a trust and have an umbrella policy ...
Jacke Draper
Solo 401k House Purchase using an LLC - IRS constraints
I have a solo 401k plan and want to use this and a non-recourse loan to invest in a rental property. The property I'm looking at needs a lot of work and so will not qualify for a loan. I can purchase the property with...
Jonathan Shnoravorian
LLC or Umbrella Policy?
Hi everyone,I’d like to open this for discussion. Can someone list the benefits/cons of LLC’s and Umbrella Policies? I keep coming across conflicting information and am getting very confused. I am just starting out on...
Adam Graziano
I'm a newbie, how do I get started on the financial side??
Hi everyone,
i am looking to get into the STR market by purchasing my first property in Virginia this winter.
On the finance side, I assume I will need to start an LLC. How will that effect the purchasing process? ...