Saran Mandhadapu
How to setup Holding and Subsidiary LLC bank accounts
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Chad Smith
Newbie...Making it work with little to no down payment.
Hello everyone. This is my first post since joining and I'm going to ask a question that has been asked a million times before. I hope this is the right forum for this question. How and where do I start?I'm not a you...
Dana R.
Other landlords rejected applicant- Is there something wrong?
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Chad Bourque
1st STR Under Contract -- Direction Please?
Hi all,Our offer was just accepted for a condo on the beach in Miramar Beach, FL! This is our first foray into REI aside from our primary home (which while it technically is, I guess, I don't really consider REI). My ...
David Roberts
Interesting heloc question
My girlfriend and I bought a home together in 2010. Got a great deal. Now we have about 100k equity in the house. My girlfriend is on the mortgage but we are on the deed to the house together. Iso it possible for m...
Cesar Lopez
Hard money, yay or nay?
I am currently in the process of buying two homes in Northern NJ and am financing through a hard money lender. Is it custom to pay an application fee of close to $1000 per loan? Are there any suggestions of lenders ...
Murphy Frankhouser
5% Down Duplex Financing
I'm buying a duplex in Louisville KY as an owner occupant. I understood that 4 units or less Owner Occupied could get lower down payments on the property. I am not finding this to be the case. I make too much to quali...
John Perry
Financing for Builder - New Development in Nevada
We started flipping many years back and migrated into building new homes. We have built 30+ homes buying individual lots and typically have 3-5 in progress at a time and have sold most before they are finished. Fo...
Blair G.
CRE investing from a Vet's perspective
Howdy BP Vets,This is not a sales pitch. My name is Red and I am a CRE Broker in Jacksonville, FL. I got here after spending years doing SFR buy and holds and a flips at the various duty stations where my family and ...
Chris McDaniel
How to verify income and job history for self employed tenant?
Ok, so I have this potential tenant who seems at first glance to have strong financials but he is self employed. He didn’t seem to have anything to hide, but when I asked for proof of income, he showed me a bank state...