Jesse Richards
S- Corporations for rental property
Hi Guys,
I am new to this group. I have a couple rental properties and I was advised by my cpa to retitle them in my S-corp. He also wants my to have my rent paid to the S-Corp and start paying all of the bills for...
Sean Youngberg
Cashout ReFi options for 1st flip that is not selling
I'm having quite the learning experience on my first "deal". Purchased an old SFH REO for rehab and flip. I used a portfolio lender that provided a "construction" loan with interest-only during the rehab which has now...
Daniel Kent
Refinance from negative cash flow to positive cash flow
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...
Edward Badal
Finding/skip tracing absentee elderly owner
Hello BP community,
I wanted to get some advice in skip tracing the owner (or decision maker) of a property I've had my eye on for a bit. Some background on the property - it's a large 5/3 in a nice, quiet neighbo...
Ryan Cramer
Purchasing Real Estate from Immediate Family Advice
My wife and I recently relocated from New York City to Olney, MD. My aunt passed last year, and my two cousins inherited her 5 bedroom 2.5 bath house. They were kind enough to allow my wife and I to move in to the h...
Dante Nava
Ever buy with No Equity?
So, stupid question... Is there EVER a time when it would make sense to buy when there is no equity in a property? For example, a house is in very good condition, and the seller is motivated, but has no equity. Wou...
Brandon Tom
Purchasing a home in San Jose from a hoarder/cat lady
Hello BP community!Long time listener, but completely new to the forums. I have never done a deal before, but have done tons of reading and listened to about half of the podcasts. This is complex, but I will try to su...
Don Konipol
What Education is Necessary for a Successful Real Estate Career?
A large majority of people new to real estate and wanting to make some aspect of real estate their full time “career” get it all wrong. They’re misled by the hype from the “cult” created by would be mentors advertisi...
Ryan Bird
How to pay personal mortgage from LLC account with co-mingling
I have a personal mortgage for my rental but it’s owned by LLC so rents goes to business account. How do I pay personal mortgage using those rents? I read the below approach online and wanted to see if this is correct...
Lore Postman
DSCR lender for North Carolina property
I'm searching for a DSCR or similar lender for a North Carolina BRRRR. Will be ready by end of this year. If you're a lender or have recent experience with one, would you mind providing the following information to he...