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I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
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I was reading my REI book and pondering things and I realized that in general, single-family homes are for investors who do things like flipping, rehabbing, and other strategies that depend price appreciation. For buy...
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I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...
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Hi All!I am a new investor and I am open to any and all advice that you all may have. I am looking to purchase my first property within the next 6 months. Currently debating between buying an investment property right...
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Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
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Hello BP,
I got message from EIDL today stating: "Your SBA Application No. *** is ready for the next step. Create your SBA Economic Injury Disaster Loan Portal account to provide additional details or requested docum...
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I am interested in learning the market around the Lubbock area. My wife and I are living in a single family home that we moved in to back in nov 2019. I have aquired equity in the home and the thought of using said ...
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Simple scenario and question:I'm purchasing a duplex with a VA Home Loan for $270K.Down the road I'd like to do the same thing.A normal VA Loan Maximum is $417K but changes to approx. $533K with a duplex:http://www.fh...
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Currently my brother-in-law and I are working towards buying our first duplex, or triplex. We’ve already gotten the pre approval, we’ll be using an FHA loan. But we can’t commit to majority of the duplex’s that fall i...
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Not sure if this is the correct group but was wondering what were some creative ways to get financed for empty land besides the usual 20% or higher down payments