Emmanuel Hirakis
Buying a mix use building that had a cleaners.
I'm now in contract for this mix use property. We went through all proceeding and got the commitment letter from the bank. One of the items required by the bank is either a letter from the seller stating no harmful su...
Ryan Schrope
Ready to get started in REI!!
Hey guys! Been following this community for a while now and very excited to get started! I had always planned on starting with house hacking and go from there, but I have a bit of a unique situation. Since graduating ...
George Allen
Trade rental income for a lower price on home?
Good day all. A friend just got his unit appraised in Bahamas for $282,000. Take away closing costs, he’s left with $245,000 in his pocket. He’s offered it to me for $240,000 and i pay all closing costs, 13% on the $2...
Jonas Harper
Running into issues with funding the expansion of my STR business
Last year my partners and I purchased 3 cabins in TN using 2nd home loans and we have done quite well so far. We are in the process of planning and designing a glamping site on 10 acres with a target launch of Spring...
Andy Grabis
First post/ General savings advice!
Hello BP Community!My question today is surrounding the accumulation phase of the FIRE journey. I am about ten months into my first job since graduating college in May of 2017. I live in Boston and have a pretty decen...
Kenny Banuelos
Do people do this with their first house hack?
Is it a good idea to form an LLC to buy your first house hack?If so what are the advantages and disadvantages?What are some things that you can write off?Any feedback helps, Thank you BP fam!!
Vasundhara Ranjani
Bank wants Environmental Form filled but Seller refuses to!
I'm looking at a multi-family property and one of the closing conditions for the bank to approve the loan is an environmental form that they want the seller to fill out.The seller says that he would open himself to li...
Corey Dutton
Square Payment Solution Expands into Small Business Lending
A recent poll, as seen on Bank Innovation, revealed that the banking customers 35-year old and younger are inclined to use non-bank services like Square or PayPal over traditional banking services. Square is a paym...
Shane Sigman
Principal pay down on rent house
I have a rent house w/ a partner and we have $6500 in a repair fund from accumulated rent over the years. I’m telling my partner we should put that towards principle. It’s a small $60k house and we both have some mone...
Roger Loesel
Why investing in Central OH Real Estate- may make sense
Why investing in Central OH Real Estate is producingabove average returns“Why investing in Central OH real estate makes sense,” is a question that is different for every investor. Interest rates in the US are histori...