Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.
Mike Pepperday
Tiny Homes - Western New York - Buffalo Area
9 December 2024 | 4 replies
As others have said, you need to check the regs in the area you are looking to make sure STRs aren't severely restricted.
Keara Mooney
Acquired Tenants / Lease Re-Structure
15 December 2024 | 2 replies
The plan is to provide the tenant with their own stackable laundry in their unit and offer the shed for storage.Is there a legal timeline needed to give such notice or is issuing a new lease best /covers all bases?
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
I ended up spending some extra time making the finished basement legal (add insulation and egress).
Elena Facchinei
Is this a good deal for me? PLEASE HELP
14 December 2024 | 6 replies
I suspect without money and active participation as LP, you cannot legally do what you suggest.Have you seen the underwriting?
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
Get a real estate attorney with some experience in the matter and have them use a PSA and back you up legally, perhaps even help with some due diligence.
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
What I am wondering is there a way to structure the ownership of my LLP's to stop having to legally pay taxes in Canada and only in florida .
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
@Rud SevHere is a start:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
Jason Tucker
CO Living MTR
13 December 2024 | 17 replies
My CIty does not have a boarding house regulations or restrictions which is one of the reasons i jumped on this.
Bryce Adams
Howard County, Maryland Land Valuation
10 December 2024 | 4 replies
Zoning and Environmental restrictions can greatly effect the value of a property.