Alan Bostick
STR Condo at popular beach locations
What are the pros and cons to STR condos? Should investors generally shy away from condos doing STR method? I personally feel they would be less desirable but I don’t know if that is my personal bias getting in the wa...
Account Closed
Vancouver WA Local Bank Credit Union Recomendations
I am pretty fed up with my big bank and want to move my accounts. Has anyone in Vancouver WA developed a good business relationship with a local bank/CU? If so, can you please share your experience? I am looking to...
Ryan Tortorich
Getting a loan for a new LLC in Baton Rouge, LA
First post! Hey BP!My brothers and I recently established an LLC for REI. From what I've read, loans to brand new LLC's aren't going to happen. Maybe we'll have to buy property ourselves and then transfer to the LLC? ...
Shaun Palmer
Cozy - Why no Phone Number for Support?
I am taking a look at Cozy for the property management software and one of the things that I noticed is that they do not have a phone number listed for contacting support. Has anyone had an issue with them? They only ...
Brian H.
Question about Umbrella Insurance
Hi everyone,I have been looking at umbrella insurance. I started looking first on USAA because I use them for banking and various other insurance products. Is it normal to have to add and remove properties as you buy...
Eric P.
Low fixed-rate Conventional Mortgage to LLC
Quick background for those who are new to REI: For liability purposes, it is generally preferred to hold real estate in an LLC (so if you're sued, creditors can't touch your personal assets, e.g., savings acct, primar...
Loren Blackwell
Unable to get a home loan under LLC
Hi there, my brother and I have just formed an LLC with the goal to flip a property. This will be our first investment and have found that we cannot get a loan under the LLC without 2 years of P&L statements.
We...
Kyle Keller
High interest rate
I bought a house at the peak in December of 2022. I used a DSCR loan to get it done. 9.375% interest rate. I'm coming up on 2 years of income produced by the property, any suggestions on how to get a lower interest ra...
Brian Watkins
Quit Claim Deeds and Negotiating Liens on Property
A Seller was about to lose their home to a pending foreclosure. They decided to do a Quit Claim Deed to their business (which now owns the property). The remainder of the mortgage is now a $65,000 lien on the property...
Macy Flower
Help
Hello BP, I'm really excited about this beautiful foreclosure that's selling very cheap, and I have 2 possible buyers requesting the location of this property, I do not have the house under contract & I'm afrai...