Jessie Harrison
Best options to finance renovations on investment property
I am purchasing an investment property through a conventional loan (standard 20% down payment). However, the property needs about $20k-$30k in renovations. I don't have the option of taking out equity in my primary re...
Michael Palma
Financing in Newark NJ
Hi all,I'm looking at purchasing my 1st rental property in the North Ward of Newark, specifically a duplex for 100k at most including rehab. It's been about a month now that I've put the word out to a broker and have...
Joe Ausmus
Wholesaling with tenants in the property
Hello BP community!I would love to get some feedback on how to structure this deal. The seller has existing tenants in a lease that he does not want to break, 6 months left on the lease. I don't want to put anyone out...
Jim Block
Jax Wealth Investments
Hello everyone! First time poster on bp. I am a member of the Freedom Founders Group (Mastermind). This group consists of mostly DDS’s and MD’s. We have a group of Trusted Advisers that are highly vetted by by an Inte...
Ruben Velazquez
Rental losses when income is over $150k (For Non-REP)
Hello BP! I'm looking to learn more about options exist when you no longer qualify for Rental Losses as a Non-REP when income is above $150K. I understand I would need to work as a Real Estate Professional (REP) and q...
An Nguyen
Cashier's Check from unrelated donor used for investment property
Good day everyone, My wife is looking to get a loan under her name for a duplex with inherited tenants. We are a little bit shorted for 20% down payment and we are asking some friends to be donor gift check. Would ca...
Anais Hawkins
Setting up a business line of credit
We are working towards a renovation on a property in North Carolina and would like to set up a Business Line of Credit for our LLC. This LLC is 7 months old and we have excellent credit personally. What steps would y...
Naga Avinash Raya
Dayton Ohio Property Management Suggestions
I live in New Jersey and have been very attracted to the Dayton OH market lately. However I am in need of a property management company that can handle EVERYTHING (preferably charges between 6-9%). I would love to get...
Rob Bianco
Building vs Buying a Property
A realtor I've worked with mentioned in passing that he'd really like to get me involved in buying land and building multi-family units to rent out or sell and he would project manage and oversee everything. I've purc...
Fran W.
Seller Financing for a Commercial Unit
We are looking to purchase a commercial unit. The seller expressed interest in doing seller financing. We have no idea what the market rate is for seller financing and other terms as well. Could someone please point u...