I recently came across a deal I obtained via a postcard campaign. ("Buy your House Cash AS-IS") Here's the deal-2 Family (on a good block) - $2000 Rental income/monthly (full occupied by tenants 1) 10yrs 2) 4 yrs-$7,0...

We are negotiating selling our rental home to the current tenant. We have lived in the home 2 out of the last 5 years(owned it since 2003), which should prevent us from paying capital gains taxes. The goal was to keep...

Hello BP!I am curious if anyone works with lenders that lend immediately based on appraised values of properties. I recently purchased a fully stabilized property, 35k under appraised value. At the same time I am look...

My local credit union offers up to 75% LTV. They have 10, 15, 20, and 30 year loans. Anything above 10 years has a 12-year balloon payment. I can always refinance it. The rate is exactly 1% higher than what the rate i...

I'm currently working on getting my LLC. I don't know how to label a LLC. For example, is putting your name in the LLC a good thing or bad thing. Should an LLC be related to business in anyway? I know that this is pro...

Here is the situation
- I purchased an investment property in my name in November 2021
- I also have an LLC setup with bank account etc starting NOvember 2021
- I was in process of transferring the title to LLC and...

This might be very specific question but does anyone had experience with the rental market in Joliet? The rent/ARV seems very attractive based on the rent shown on Zillow and other website. However, they only shows re...

Hello fellow investors!I've recently moved to the Denver metro area and purchased a 3 bedroom, 2.5 bathroom townhome for about $300,000. I rent out the extra 2 rooms and garage, which drops my mortgage payment to abou...

I am looking to purchase a small mobile home park.It is in Illinois, and the owner has it in a land trust.The current owner is encouraging me to just take over the trust, instead of transferring the property into my L...

Hello, I’m a college student about to graduate this year 2020, but I’m not happy because I’m 27 with no properties. I have a 401K about 25K in there from my last job. Can I use that 25K to get started or will the gove...