I saw a deed and mortgage where ownership was split 50/50 between a (new) LLC and an individual. Is their any particular advantage to this? Or was it just individual preference of the partners?My first thought was it ...
Would love to hear how other lenders get good returns on helping investors on the smaller deals (say under $100k) and the different strategies they use to do so. Thank you!
REO's if you have submitted a POF Letter, why do thay ask for earnest money. I don't understand it. There getting the full amount, when we close. Help me understand.
Any tips or suggestions for filtering through MLS Listings to find SFHs worthy of furrher research as rental properties? Obviously, the specifics like listing price will vary based upon the area and individual prefer...
Hello BP community,
I am looking for ways to gain experience in the short term rental management world. I do not have any prior concrete experience with that but understand a lot of the software that helps make short...
Hey everybody,
I'm about to graduate college with a degree in accounting. I know I want to also pursue a future in RE investing. I figured I could work in a CPA firm and try to specialize in the real estate group w...
In my hunt for our first duplex investment, there is a particular property that has piqued my interest.(I'll preface this all by saying that the numbers work out and put this opportunity just over a 10 cap) Here's the...
Hello, I have an opportunity to purchase a nice single family home in a desirable area in the Chicago suburbs off market. The person wants to retire in North Carolina and is willing to sell her house to me by owner. A...
Hello,
I'm entering into the world of residential home flipping and wanted to get all of your thoughts on what you prefer when financing the deal.
Hard Money?
Use your own capital?
Bank?
...
Hello BP,I was wondering how do you evaluate/determine your comfort level with regards to leverage. Typical SFH lender guidelines allow for (75-80%) leverage on properties and consider your debt to income ratio. Por...