Hi everyone,This is my first post, and I'm in the midst of education, so bear with me here as I explain this complicated deal that lay before me if I choose to accept it.The deal is $260k for a 1600 sq ft house, and a...
which type entity for flipping house, next two years hold rental property should we form? my husband has a property maintenance (DVA), should we open another one for the flipping house? LLC?S? C?which one will be easy...
Hello, friends,I'm going to describe a dispute without revealing my role in it. Truth is, the side I'm on is really not important, and I think I'll get the best and most unbiased advice if you consider it from both po...
So I found a home that is perfect for me and my husband (as an owner occupant). Through my research, I discovered that the owners own the property free and clear and are now looking to move. They've reduced the asking...
Hi,I have 2 simple questions about foreclosures in Austin.First, are there any foreclosure laws specific to Travis County I should be aware of before providing options to someone facing foreclosure?And second, do bank...
Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs. I've perused the forums and haven't quite found what I'm looking for. Ideally, I'd have a simple system that does no...
I just found out today that my offer for a foreclosure was accepted by the bank...I intend to purchase the property with an FHA construction loan which requires me to live in the house and begin construction within 30...
Hello BP,I'm a novice investor just outside San Antonio, TX. I've found an older couple that needs to sell their house, but their underwater on their mortgage. The house is in very good condition, but they've refinanc...
Is it possible to structure a personal purchase of a commercial MFR property with the intention of selling of pieces of the deal after the deal has closed?Why I ask: I buy properties for my personal portfolio (I'm not...
I have a tenant who rents our property for the last 6 months .. The property is in a LLC out of Delaware, and it's a partnership do to be a rental property ...
This tenant left there sliding glass door open and thi...