How has being mortgage broker helped your personal real estate investing career? e.g I feel like it would be a lot easier to find the right lenders to funds your deals..Any thoughts?
So I put an offer on another property today that will be a buy and hold. It will need about $15k in rehab work. I would like to make a loan for the purchase price plus rehab to my business (an llc) from my personal ac...
I will need to replace a walkway at a complex I own most of the units. The tenants will not have access to their unit for a few days. So we will have to put them in a hotel. I don't own every unit that will be affecte...
What method do you all use for depreciation purposes to separate the cost of your land and house for SFH?
Hi! I am looking at my first deal and would love some feedback as I have stumbled onto an odd situation which could have some potential, but seems a little too good to be true. I am a total newbie and need some advice...
Can somebody please clarify the HELOC for me, please? I'm going to be closing on my 1st rental property on May 1st. Upon closing, I will instantly have approximately 50K in equity in the house. I was under the impr...
Hello, I am looking for some advice/clarification on how conventional (meaning 30 year fixed) loans work for rentals when using a partner/co-borrower.A couple specific things are; 1) How does joint DTI work? Meaning i...
Hi BP,I'm looking to purchase my first MFH this year and I'm looking for advice on where to hunt for deals in the greater Chicago area. I currently live in Lakeview and love the area, but after a lot of research, the ...
Hi all
I'm new to investing in real estate and I have a question I was hoping the seasoned investors can answer for me!
1. How can I purchase a property through a new LLC?
My goal is to buy and ho...
Hello and thanks for reading :)
I'm currently working on an investment out of state and been in communication with many lenders to find out about all my available options.
Although I have good credit, cash reserves...