12 November 2024 | 0 replies
I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/491930/small_1676740719-avatar-alext39.jpg?twic=v1/output=image&v=2)
17 November 2024 | 13 replies
We negotiated the price down a bit from $350k to $340k and the construction company is committed to pay 2% of seller's paid costs as incentives if I use their preferred lender.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
12 November 2024 | 1 reply
You must own at least 5% equity in the qualifying business.Working a W-2 job at construction company =/= RE PROOwning a construction company == possibly an RE ProQ3: Are you meeting time thresholds?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2816200/small_1697659188-avatar-michellev98.jpg?twic=v1/output=image&v=2)
13 November 2024 | 1 reply
Seller financing via a note company.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2924387/small_1705694322-avatar-leaha52.jpg?twic=v1/output=image&v=2)
11 November 2024 | 2 replies
Then it will go to tax sale and typically back to the county.The mortgage company could try and repair the property to protect their asset but it depends.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2753945/small_1731025600-avatar-albertc131.jpg?twic=v1/output=image&v=2)
11 November 2024 | 2 replies
Hi Everyone,I recently started a Marketing Company that helps VRM get listings.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2558170/small_1688853838-avatar-akshayb12.jpg?twic=v1/output=image&v=2)
15 November 2024 | 32 replies
Anything that you buy in Columbus Ohio will appreciate like crazy due to how much population growth, job growth, and companies are moving/developing here (for example Intel, Honda, Amazon, FB, Google, Nationwide, etc) - the macroeconomics look amazing here.
3 November 2024 | 0 replies
Online title search companies.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2209232/small_1697325955-avatar-nevinw1.jpg?twic=v1/output=image&v=2)
13 November 2024 | 18 replies
Check with your local attorney/title company as many times you can void your owner's title policy with a quit claim deed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/234494/small_1701468962-avatar-saintnate.jpg?twic=v1/output=image&v=2)
11 November 2024 | 6 replies
I’m wondering if anyone has a title company recommendations they all seem so reticent to work with wholesalers.