Allen Lopez
Selling an investment property with tenant with a 2yr contract?
So in 2016 I bought a property for $71k. Imidiately tented it out for $850 a moth. After all expenses I make $500 profit. The property is now valued at $98k. I also have a two year contract with the an amazing tenant ...
Alexander Marsh
FHA-->House Hack-->Cash-out Refi?
I'm in the process of buying a house for 318k. Comps in the area tell me that this house is worth ~430k. It doesn't need any work and is coming at a great discount. I'm using an FHA loan with a nice rate of 3.75%, and...
Brandon C.
How Fast Can You Refinance?
I've been recently reading two BP books and they touch on BRRRR from time to time (Also the podcasts I've listened to). My question is, can you Refinance before Renting? Has anyone ever put their own spin on BRRRR str...
Laura Costello
Private Money Lender Contracs
Hello, I've been investing with my own money and the BRRRR investment strategy and have a question regarding private money lender agreements.Are there contract templates on the BP website or do any other members have ...
Gerald W.
Need help structuring this deal
Hello all!I have a motivated seller (from Craigslist, btw) who wants to sell his house to avoid foreclosure. He says he's not in foreclosure yet...only forbearance for the next few months. He owe's about $3,000 to b...
Jason Dingman
Starting LLC, family member to invest
Hi all,
I just joined BP after spending many hours reading through the wealth of information on this site. I am looking to get started in REI with a 2-4 family rental. I am fortunate to be in a situation to ...
Andrew Richardson
Looking for best legal structure for real estate investing
Hello,I am trying to find out/verify the best legal structure for real estate investing. From my research and listening to BP podcasts it appears that a series LLC with a operating company and holding company/s seems...
Manfred Schaefer
Using a Third Party Site to Look Up Property Data
I hope that I am in the right forum category for this post...Last night I went driving for dollars to find some deals. My wife and I where looking for properties that looked abandoned or unkept, at the very least. Pro...
Nicole Carey
10,000 0% interest loan for owner occupied duplex. Is there a downside?
I am looking into purchasing an owner occupied duplex in Burlington, VT. The local economic development office offers $10,000 deferred payment loans at 0% interest with priority given to first time home buyers (that's...
Eric Mcginn
Another newbie
Hi all,Newbie here. I'm from kennebunk Maine but have lived in Los Angeles for 5 years. I graduated from the university of hartford 6 years ago with an undergraduate in audio engineering, electrical engineering, and a...