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I've been reading through several forum threads and a common thing that I've been seeing seems to be that lenders won't lend to LLC's for SFR or MFR (Duplex or Triplex) but only for commercial. Is this correct? If tha...
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First of all, let me say I am so excited to have found this online community. I have been browsing the forums, reading the beginners guide and listening to the podcast religiously for about a week now.I am a registere...
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We've got a home that has what I think they call a cold storage room? Basically a room built under the porch. It leaks. The porch is cracked. We had a contractor submit an estimate to rip it out and brace/rebuild it. ...
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My wife and I started investing in real estate in December of 2015. At this time, we have 7 buy and hold rental units as well as 1 piece of land. What we do is find motivated sellers and buy their houses below market ...
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I bought this house in 2013 for $144,000 at 3.625% over 15 years. I put 20% down, thinking I'd be staying in it for longer. It could probably rent for $1200 right now or sell for around $160,000. My balance on the fir...
Hey everyone,So I'm relatively new to this expansive universe of flipping, and renting and foreclosures, and sheriff sales but after about 3 years of research and deliberation, I have decided I am finally going throug...
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Hey everyone, When interviewing different wholesalers in any given area, what questions do you ask that help you determine if you want to work with them? Thanks!
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Hi, newbie here. One of the things I’m uncertain about is whether or not I should pay off personal debts before making investments. For example, in about 1 year both my car loan and student loan will be paid off. Woul...
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Hello BP, The Dream: Buy a vacation cabin, use it once or so a month, rent it out the rest of the time, make the cabin pay for itself. The Problem: The the problem with the BRRRR method (Buy, Renovate, Rent, Refin...
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Hi! I have a quick question for the community. I have a tenant who has been trying to sublease her room. I am allowing her to break her lease due to life changes. However, she has been quite unpleasant. Cursing at me,...