Rollin Buffington
Transferring soon-to-be rental from personal to LLC?
23 April 2024 | 1 reply
Myself, significant other, and my close friend/business partner have been renovating his personal residence for the past few months with the intention of renting it soon.
Logan M.
Creating your own Market
26 April 2024 | 1 reply
My son lives in Davis County and has his own personal window company and 12 houses worth $500,000 in great neighborhoods.
David McFarland
My tenant contacted me directly asking for rent help
24 April 2024 | 13 replies
I have no idea how she got my personal email address:"Hi I am at xxxxx Tucson, AZ.
Brandon Chen
Potential Seller Finance deal to purchase primary?
24 April 2024 | 7 replies
Interesting, you do the in person follow up after they agree to terms?
Account Closed
Self Directed IRA - LLC Formation
26 April 2024 | 1 reply
Hi BP Community - does anyone have attorney recommendations that can assist (or prior personal experience) in Wyoming with self-directed IRA LLC formation?
Parker C. Snow
Need a hard money lender asap for $65k
26 April 2024 | 2 replies
Seller is hesitant to do seller financing as he is 71 years old, and a personal loan isn’t an option because I’m buying real estate Please help
Roy Jones
New Wraparound laws for Texas
26 April 2024 | 4 replies
To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.
Luke Pavone
Looking for guidance
26 April 2024 | 1 reply
You are doing exactly what you should do to start, just do it at meetups more in-person.
Jill Thomas
Feedback on RentToRetirement and Zach Lemaster
25 April 2024 | 82 replies
I've seen other reviews but glad to know other members have personally worked with him.
Tina Swanson
Conventional loan on rental property purchased by SDIRA LLC?
26 April 2024 | 7 replies
It must be a non-recourse loan, made to the IRA with no personal guarantees from you or close family members.