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Results (10000)
Rich Sutherland Creating an LLC for each rental
9 March 2020 | 10 replies

Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...

Matt Cupp Fair Private Money Terms
26 February 2020 | 9 replies

Purchase price is $83,400. Rehab is $8,600Total investment is $91,000.ARV is $115,000 - $120,000Would clear $111,000 - $116,000Profit between $20,000 - $25,000Turn time should be 90 days closed. I have 50% and borrowi...

Allison Cannie Rental properties to LLC in NC
26 October 2011 | 12 replies

I have two rental properties and working on a third. Is their any benefit (tax or otherwise) to starting a property management company and managing my own properties? If so, is a license required to manage my own pr...

Joshua Eugene My First Deal in a Hot Market
12 November 2020 | 10 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment in New Orleans.

Purchase price: $284,000

Cash invested: $12,922

Right now I live on one side for $430 a month. Very safe and ...

Frank S. Mortgage Comparison
21 December 2015 | 10 replies

Hi BPs!, Can you please review this provide some feedback, please? I refreshed my pre-approval to lock the rates. Here is what my lender provided.Location: Chicago, ILLoan 415KIf you put the 20% down, I give you two o...

Nick Tolson How would you finance your first deal with my situation???
28 December 2017 | 8 replies

Hello all,I've been in real estate for a few years as a project manager for a developer and Realtor on the side, but have never done my own deal. My dad is an engineer full time, and General Contractor/Mechanical Engi...

Matt F. How long before lenders count rent income towards DTI ratios?
16 January 2020 | 13 replies

How long does it generally take before lenders start counting your rental income ?i recently purchased a new primary residence and rent my original home. how long do i need to be renting that original home for before ...

Philip Johnson Just got fired from my day job in the middle of a rehab >.<
6 January 2020 | 17 replies

Ok, so I am currently in the process of rehabbing a home that was purchased with cash.  I have enough funds to finish the rehab.  But, I JUST GOT FIRED from my day job! So, this means I will likely not qualify for a l...

Tom Dillinger My first home - investment property?
20 September 2012 | 9 replies

Hi all, newbie here. I have read many threads and sincerely value the experience and wisdom of many of you.

I am a 24 year old young professional, I make 30k/year. I have 30k sitting in the bank and am interested to...

Charlotte Edwards Advice on how to deal with partner who's changed his mind on REI
26 February 2017 | 6 replies

We just closed on our first SFH (near my hometown) to rent out; have the contract with PM ready to sign; insurance is bought; minor repairs are being done to the home.But we found that the PM requires more insurance t...