Michael Morin
Using a HELOC to buy rentals
Hey guys! I was wondering the pros and cons of using a HELOC to buy rentals. Personal experiences and how the terms were with your bank for the HELOC. I feel like its a good strategy and I'll most likely use a HELOC o...
Billy Barnes
Need help financing a deal; all advice welcome.
Hello everyone, I just moved to the Pensacola area and still discovering local groups to network with, so when I found a couple of properties that I'm interested in, but I honestly just want to talk shop and discuss h...
Joshua Tikal
Foreign Entity Does not Qualify for Financing
I have found a number of financial resources, both banks as well as hard money that require LLC's to be registered directly in the state of Missouri which essentially disqualifies a LLC that is registered as foreign e...
Paul McDonald
When to start an LLC?
I'm curious how many people start their LLC before they even have their first property?Or, how many properties did you have before you formed an LLC?For perspective I'm looking into doing rentals.
Mark Doyle
Financing question
I am looking at a single family home in a chicago suburb labeled as a Homepath REO on the MLS. I am interested in the property as a buy and hold, but all offers must be cash only or using a 203k loan. As I understan...
Nicole (Dunlap) Pendergrass
Need help with creative structuring for my LOI on a 16-unit
Hi All,
I am currently writing an LOI on a 16 unit apt building but need some ideas on creatively structuring the deal. I want to give the seller about 3 offer options and he can pick the one that fits his n...
Beary Bowles
Property Managment Issues and Billing
To all investors and property managers:I own a 12 unit apartment building in a working class, C area, blue collar neighborhood. Been managing the property and its tenants for 8months. So the back story is I inherite...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Jon Robinson
Buying a Home Owners Association
I was recently going through a list of pre foreclosures and have found several that are in one particular HOA, after further research I found that this particular HOA's fees are pretty high ($500 a month) and I am gue...
Johnny Pineyro
Oregon Declares Statewide Rent Control
Mates,Curious what the collective thoughts are on this recent legislation and how it can impact us as investors in the multi-family space in that state? I understand there are limited exceptions to implementation as ...