Alex Adams
How to transition from Private lender to Commercial
My LLC partnership owns 4 residential properties. They were purchased with money from a private lender (family). Each home has its own loan agreement, and each loan is currently interest-only at 5%. The agreements ...
Joe Caivano
Should I Borrow Against or Payoff Rentals?
I have a few rentals and I'm not sure what the best course of action is? Should I borrow against them or focus on paying them off? I was just reading that it's best to fully borrow because leaving equity is an openin...
Bill Regan
Financing Aquisition and Construction
Hi,
Looking at a small motel/inn in Vermont as a lifestyle business for my family. The existing property has 10 cabins on it and a foundation where there used to be an owner's residence and some motel rooms and comm...
Derrick W.
Buying the cheapest house?
I have been busy listening to many, many pod cast. One thing that's has come up several times is "buying the cheapest house you can find". Is this solid advise? Granted it was usually mentioned as things successful ...
HX Yuan
Investment property in Jersey City, NJ - Need advice
Hi There, I plan to buy a multifamily home in Jersey City, NJ for investment purposes. I may start out living in one unit and rent one out. Any idea where would be the good places to buy in Jersey City? Also, would Jo...
Mike Rugh
Best Entity for Flipping and "Rolling Capital"
Hello,My partners and I are trying to figure out the best entity for flipping and "rolling capital". What I mean by that is reinvesting profits with no or minimal disbursements. A LLC taxed as a S-Corp seems to be ide...
Damien Stowers
Rehab Team In Augusta GA
I am planning in putting a team together in Augusta, Ga. My plan is to purchase a property, rebab it, rent, and finance (BRRR). I am having some trouble finding a team that can do the rehab. Should I contract each ...
Shaun J.
Selling an LLC or Corp
Hello BP!Does anyone know what document I would use to sell my 100% interest in my LLC or Corp? AlsoCan my C-corp Own the LLC so that when I sell the LLC the check is made to my C-Corp? Thanks in Advance!
Jack Bobeck
HELOC are on the rise.....
I received this article from a friend who runs a local landlord meeting once a month. I had reached out to him looking for HELOC assistance for investment properties. I have a meeting tomorrow at 10 AM with a local ba...
K F.
Be debt free or invest? - What would you do with 160K?
Hello All,I know this is a very common question, but I'm curious what people will say. We recently sold a duplex that was no longer a good investment and made about 160K off of it. I still have about 50K in student de...