All Forum Posts by: Sib Bahjat

Thank you for the feedback.

Good evening to everyone at BP. I have been a member since this summer. Very useful information and tons of knowledge. I am glad and thankful to be here.
I currently own several rental properties. I purchased all my properties by marketing to neighborhoods and real estate agents. I am looking to purchase multiple properties from REO listings. These properties have been on the market for over 90 days. I have looked at the neighborhoods and chatted with neighbors. I feel good moving forward. Anything that I need to know about REO listings that might help accept my offer? How much do banks usually discount from original asking price? I have private money lined up and ready. Looking forward to everyone's feedback.

I believe everyone brings valid points and tons of great information. In my opinion, you should seek a real estate experienced CPA in your state. They will give you the best advice. Good luck!

My corporation owns this single family property. I certainly appreciate your advice. I will post my progress. Thank you Jon!

I am new to BP, enjoying all the blogs and information. I have a property I recently purchased and it is under my Corporation. What is the best way to refinance it with the Corporation name attached to it? Is it easier if I deed it to my personal name first then refinance, then deed it back to my corporation? If so, what is the seasoning requirements for this process. I am in Texas. Looking forward to replies. Thank you!