James Wheelock
Creative financing strategies
Is it possible to implement creative financing strategies (ex. lease options, subject to's, seller financing) when looking at a broker listed property. Or can these only be done when it is a FSBO?
Jess Turner
Rent or Sell my Flip?
Hello,
I am a brand new investor who bought my first property (a small split entry 3 bedroom, 2 bath) and am in the process of nearly gutting it now. I bought it for $180,000 with 25% down, so I have a 20-year mortg...
Anthony Tran
Tax advantage of hiring my young adult daughter to do property management
Hello all,I have a property management company (LLC). I want my daughter to learn real estate. What is the best way to pay her?An employee and give her a W2? Hire her as a contractor and give her a 1099? or lease he...
Austin Bouchard
Best DSCR lenders right now
Who has the best rates on DSCR Purchase or rate and term refi (without charging crazy origination - preferably 2 points or less)? Will be above a 1.2 DSCR and LTV will be between 50 and 60% on a good B class rental. A...
Phil C.
Access to Capital - What to do next
Currently me and a partner own and manage 12 units. We are looking to add more units and grow but are not sure exactly the best way to do this. I know we have access to capital using debt financing (~$100k or more @...
Chris Clothier
Looking to Identify the Most Experienced Note Buyers on BP
I mean no dis-respect with the title, I just need to quickly determine who the real players in the industry are - whether they are individuals, companies or institutions. Please feel free to reply on here or refer in...
Nick Rivers
Selling an investment SF - with 200K Pay off my Heloc or 1031 elsewhere?
I just got tenants out of an aggravating single family I've had for 4 years and fixed it up to sell. I should net 200K off of this sale. Property was only netting me $636 a month after all expenses but my interest ...
Janea L.
When is the best time to set up an LLC?
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
James H.
The Work Number
Has anyone had good/bad experiences using "The Work Number" for employee verification? We usually ask for pay stubs and do not formally verify employment. But, we have a perspective tenant whose income we would like...
Kar Sun
Would you rent to them?
Nice A class property in a great location. Part of HOA. Priced slightly below the market.
Prospective tenants: Completely tatted nurse, her boyfriend who has "his own business making lots of money" and his 3 children...