An out of state friend wants to partner with me in a SFH which I hope to occupy as primary residence for house hacking purposes for certain amount of time. He expressed interest in having his name as the loan borrower...
Ok BP Nation, who would've known it was so hard to get financing with poor credit and no savings...yes that's me and not afraid to admit it, I'm an open book who's honest and upfront. I met a wholesaler thru here tha...
Anyone have any actual experience with NestEgg in the Columbus area? I have a demo scheduled for tomorrow, but I'm really interested in actual experiences from our area - I've seen good reviews in Chicago and a few ot...
I'm thinking about purchasing my first rental property to diversify my assets. I'm wondering if starting a C corporation, where I am the sole shareholder, makes sense. I know some downsides: double taxation as the cor...
I am 49 my goal is to get my first duplex or triplex My accountant and realtor said to get an llc but those in BP says i dont need one at first. Buy and hold is goal. Do I need and LLC i am fearful because I am new t...
I own a condominium in a small association and the bylaws specify that only owners can serve as trustees. Due to health and other issues, I would be the only one who could serve, but it is not feasible out-of-state. W...
Say I find a house to put under contract- do I need to show proof of funds even if I'm not going to be the one actually purchasing it? Also, what happens if I can't find a buyer by closing time? What kind of clause do...
I am planning on buying a 2 unit house in Rotterdam, Schenectady(new york). Is this a good area to buy rental property? Also is my monthly cost reasonable?
House price = $109,000
Downpayment = 20% or $21,980
Out...
I'm new to this world. I had my first tenant sign up for cozy last month. On the 26th last month I received an email that the rent was coming due and that payments have been set up. A couple of days later I received ...
Happy Presidents Day! Just looking for a gut check from other landlords/property managers.I denied an application last week because the applicant owed ~$4K to a former apartment complex. It was an active collections a...