Konrad Lightner
We have cash, Now what!?
Hi Everyone!The company my wife works for vested some stocks that she received and we have a chunk of change now that we want to invest. My question is how would you all take advantage of this opportunity and what wo...
Account Closed
Bank Recourse in Auctions? - Missouri
Hello BP Community!I am looking to purchase a home through auction for my family and I and the details are as follows:Wells holds the lien and there are no junior or other outstanding liens.It was established in 2011 ...
Nigam Shah
Rental as LLC or Individual Owner?
Hello everyone!One big question I have is - Are there any downsides to transferring A 30-year conventional loan to a LLC after closing? Any risks or fees one should look out for? Anything specific to Cook county?
Christine Seeley
Ideas for Direction on Refi and Buy with Very Low Income
I originally put this post on the BP Facebook group but it isn't getting any action, so I'm trying here.Hello, all of you savvy and wise investors. I'm pretty new to this group. I've been reading and learning as many ...
James Carlson
Will mortgage forbearance affect credit or loan qualification?
I have a number of investor clients here in Denver and Colorado Springs worried about coronavirus and their tenants' rent (and therefore worried about their mortgage payments). They're all asking me the same question:...
Drew Liljedahl
Investing Goals, am I making sense?
I have been listening to podcasts and browsing this site and a few others for a couple months now trying to narrow down my actual goal in RE. Currently I am involved in a mid-size residential remodeling company wit...
Michael DeFrancisis
Best Use Of Money for Direct Mail
Hello BiggerPockets!I have just started as a wholesaler a couple of months ago. I have been spending most of this time developing my websites, forming and branding my LLC, and networking with other investors in the a...
Keeton Byerly
25% Expense Ratio - How to I get it?
I've seen several multi-family home listings suggest that a 25-33% expense ratio was not only possible, but commonplace. In my properties, I've been operating at about 50%. Is this something that comes with economies ...
Charles Coaston
Closing deal in progress..Need opinion on my estimate.
3 Bedroom single family 1,058 sqftHello BP's. I have a deal in progress and I will be flipping a house in an area where home goes for about 75 - 89k some even a little more, looking at the comparable's. I have an est...
Doug Scarano
Inherited beach condo with negative cash flow?
can anyone tell me of any benefit to have a rental vacation home that loses $10k per year?
PITI & HOA fees = $25k per yr
Rents = $22k per year
Less management commissions, upkeep, cleaning and...