We are talking about simple warehouse here.

The property is 285000 as a reserve, but we are hoping we can get it for 270k since no one has bid on it in the last year (fingers crossed?)

We have multiple projects that we are working on, ranging from full gut reno's, to smaller fix-and-flips, that we could use additional contractors to expedite and grow our company.

So we are planning to buy a foreclosure within the next week from auction.com, and I have been extremely confused regarding title insurance.

Hello BP Community,Can anyone recommend a reasonable LA area real estate attorney to draft an operating agreement for a new LLC we are forming?

Also since we are planning to buy multiple homes would it be best to put them all under our names or form some sort of LLC?

We are buying mortgage but our property is in a condo association with 50% or more investor owned condos.

I personally think your rehab cost is too low or your ARV is too high, but that is not really the question that we are talking about. 

We are 10 unit condo and pay the accountant $1100 for filing tax.

Live in is a good strategy especially if you will live there for 2 years or longer (section 121 of the Tax code) you will not pay tax on gains up to $250K single or $500K married, keeping that in mind markets change, so consider where we are and where you think you will be 2 years from now. also consider if you are there less than 2 years the gains are taxable at a very high rate about 1/3 or more of net profit for most people.