If I form an LLC to hold a multi-family (I have not bought it yet) can't the LLC rent a residential unit to me? The LLC has its own tax number and is a separate legal entity. Let's use a $1000 rent as an example. I pa...

Numbers
House appraised for $350k
Owe $150k
HELOC based off of credit (740), appraisal of house (350K), No credit card debt only a car payment ($350 a month) and house payment ($1600 a month)
$33k
I changed indus...

Question for any lender/underwriter:If someone is getting a conventional loan, (borrowing 80% for example) if the appraisal comes back less than the contracted price, but hits at least the 80% mark would this get appr...

Need some advice on a buy and hold I have. Are there any other way's I can document my rehab/addition to add more value to my appraisal for a cash out refi? Mortgage lender said there just aren't any comps in the .7 m...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $275,000

Cash invested: $64,000

They're both single family homes with a shared common wall in the Garage. It...

Just wondering if anyone has purchased on online auctions from or like Williams auctions .com?? Positive or negative results? Opinions also welcome

Hey guys,
I'm having a hard time understanding something. Let's say you do a brrrr deal and the ARV of the property comes back less than expected. You've gone to a bank that tells you they'll let you cash out at 75% ...

House in Amarillo Texas Asking price $85,000Offer. $100,000 (cash) Other offer $105,100 (conven loan) Which one should I choose? And why?

Buyers agent asked for "up to 3500 in closing costs and fees". I'm fsbo and don't understand the protocol of saying "up to". What does that mean? I just assumed it will be the full amount.

Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease. We are renting one of the units in a office building. One of the restroom water pipe...