Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

10
Posts
5
Votes
Lance N.
  • Investor
  • Mundelein, IL
5
Votes |
10
Posts

Inheritance Properties in Florida

Lance N.
  • Investor
  • Mundelein, IL
Posted

My brother and I are in the process of inheriting 2 duplexes and 1 SFH in Florida. Due to leins on the properties a family member is negotiating with the banks to purchase them with cash. He is only helping us and has no interest in keeping them or financing them. I currently have 5 SFH and 1 condo. All B-class properties and one of the homes is paid off. What is the best way to go about financing these properties? Does a commercial loan make sense? Do I create 3 LLCs? Please advise

Loading replies...