I'm currently buying a property (3 family) with 210,000 cash using the BRRRR method, rahab budget 50, ARV over 300. I know I'd be leaving some money in the deal, but this is my first investment property, and if those ...
Ok so I found a place that I'm thinking about jumping into.
This is a town house that I plan to live in for a year then turn into a rental.
Price: 90,000
3bed
2bath
1156sqft
B- area
240montyly HOA a bit high for ...
Hi!
I understand there is loads of info on this topic, but am hoping for some advice that is specific to my situation.
I recently started a new concrete construction business in February. I am an LLC with S-Corp tax...
Hello. I have 55 acres of raw available land with good road frontage in Wills Point Texas. Looking to promote it as a wedding venue opportunity. Any ideas?
This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow f...
Hello BP community. I’m in escrow on a multifamily deal with a couple months to go on the due diligence/closing period. I need to get an LLC set up in preparation for closing. Can anyone recommend an online service fo...
My wife and I close on the sale of her former home tomorrow and are putting the finishing touches on the legal side of things before we start making offers and bidding at auctions. We will set up an LLC with an S Cor...
If you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and...
Hello all,
26 year old stuck in the rat race in Southern California. Looking for advice on my way out:
I am a salary employee ~60k with a future wife working part time ~30k
Made the mistake last year of buying a be...
Hello, I'm trying to structure my first deal using private money and I just cannot seem to get the numbers to work, even though I'm all in for under 75% LTV. Any feedback on these numbers is appreciated.
This is a S...