Matt Liu
Partnership buying question
I am starting a partnership with a friend where he found the deal and will do the work, while I put up all the money. The issue is he has to initially buy it in his name because he is doing a shortsale. How do I prote...
Stacey Wells
The Benefits of Renting with an Option to Buy
Many people think that renting and owning a home are two separate paths. But did you know there are programs out there that bridge the gap? These programs allow tenants to work towards homeownership while still rentin...
Marlaine Monroig
Got cash offer before listing on market-Should I take it??
Hi--would love advice! We bought a 1/1 condo that my husband completely renovated mostly on his own (my husband is a contractor w/ a background in architecture). We just bought a multifamily off market and got a prett...
Marcia Maynard
LLC holds real estate and partner wants out.
We have a family partnership that owns two rental properties (a Single Family House and a Duplex). It started out as a simple partnership in 1995 (Dad & Mom, #1 Son & Wife, #2 Son & Wife). After the unexpe...
Jim Williams
Florida lease options
does anyone know if lease options are legal in Forida, or if you need to have seperate lease contract and option contract?
thanks
jim
Harrison Silverstein
NPN Note Investing - Twentynine Palms, California - Lease Option
Hi everyone! Celebrating the recent success of one of my note acquisitions last year. Here's the full dirt on the whole investment:Investment Info:
Non Performing Lease Option ContractSingle-family residence. Twentyn...
Braden Souder
How do you buy with tenant in house?
I have a seller who wants to sell but has a tenant renting the property. I don't have any solid numbers yet but it will prob be a sub2 or lease option deal. How do I nicely get the tenant out so they don't trash the p...
Stephan Kraus
If I buy a LLC that owns property, does the tax basis change?
Hi BP experts, Im looking to purchase a multifamily property that is owned by an LLC. For various reasons im considering buying the Business VS. buying the property, now my question is: Does the property tax assessmen...
Brian Erickson
About to attempt my first door-knock on a pre-foreclosure house..
I've found a property I'm interested in which a 'notice of trustee sale' has been issued and is 'scheduled' to be auctioned in a couple months time.It appears to not be completely repossessed by the lender and the own...
Trevon Peracca
Got preapproved for 290k - Lender requires 25%
I got approved for a conventional small multifamily investment property loan. The lender requires a 25% down payment. When I said I was looking to seller finance or get a hard money loan for the other 25% they said th...