Account Closed
What do you do to protect the legal integrity of your LLC?
I have created a LLC for holding a piece of rental real estate in Florida. I want to make sure I take the proper steps to keep my LLC as a separate entity then myself, what should I do other then the steps I have list...
Zhenyang Jin
Will personal DTI impact underwriting of commercial loan for 6-units multifamily
Hi all,
I under contracted one 6 units multifamily in Bay Area and doing commercial loan with Chase.
The financial of property is good:
DSCR = 1.3; LTV = 45%;
Both my liquidity and net worth passes Chase's ...
Yoko Hankins
Property Tax was Deal Breaker on our First Rental
We found a great deal on our first STR property in Pensacola, FL. But we realized that the country assesses x3 property tax on rental properties. We were fortunate that we discovered this before we signed, but are ver...
Shawn Ward
Using Private Investor 4 Flip: Who 'owns' the purchased property?
BP Friends,I am partnering with another investor on our first flip and I have a couple questions that I hope I can get some great insight on:1. PARTNERSHIP DEAL BETWEEN INVESTORS: I am partnering with another investor...
Manas M.
Setting up an opportunity zone fund
I found several posts about QOZF on BP but don't have a satisfactory answer to this question yet. I know a turnkey property that is doing some new construction in an OZ. I am pretty sure they must be using some of OZ ...
Drew Bledsoe
Seller failed to disclose
I recently bought a condo with the intention to rent out but after closing we found out that the HOA doesn’t allow rentals. Our realtor knew our intention to rent it out and said we’d be able to. Is there any action I...
Ade Brown
Valued Add (Capital expenditure) with a Master Lease with Option
Hi all!I have found a really good property to STR. It is a multi unit development that has operated as Guest Homes for over 30 years. The property is owned free and clear by the current owners and they just want to ge...
Robert Grunnah
Need Insurance Company that Specializes in Investment Property
My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a pro...
Chris Reichelt
23 Unit Review- It looks good to a newbie
Hi all!So I own a few SFR and want to move up to apartment complexes. I live in NJ and have analyzed several deals here, however, there seems to be better opportunities in Philly. Ive come across this one and It seems...
Joseph St. Clair
Financing Mixed Use Multifamily Installment Purchase
Hi BP,I have found a fairly good opportunity and turnkey rental being sold by landlords looking to retire. The only problem is I am having trouble financing it. The overall cost is $75k and it is bringing in $1550 mon...