Hi BP Family, A friend and I are looking to invest in a 3 family house in the Newark, NJ area. We do not have a enough money to put down a conventional 20% as of yet so therefore are looking to do an FHA Loan.I have b...
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I just started an LLC because of the tax benefits and the ability to utilize write offs but the loan terms are much more strict. I have some money for a down payment but i was hoping to buy more than one property. If...
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I understand what seller financing is, but how do you set it up? Is there way to have a 3rd party keep up with the loan amorization? I'm worried about future disagreements that could arise if it is just the seller &am...
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Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC...
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Looking to buy a piece of raw land in California. It is a really nice parcel that I really want to find a way to make it happen. Title company has issue with the title transfer from the sellers relative who grant deed...
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Hello Fellow Bigger Pockets Members!I’m wondering what are some of the tax avenues as far as inherited property from family? TOD (Transfer on Death) Deed; Gift Deed; Tax Basis;etc What are some of the best strategies?
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I’m a realtor and investor in the Orlando area. We put a 5 unit property under contract, did our inspection and requested the wire instructions. The listing broker sent me the wire info for the title company (which I ...
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Hi, As a non us resident I have now 2 properties and would like to expand my investments. A Non recourse loan is okay but the down payments (40%) and interest are high (8%). I am looking for betters ways to invest. • ...
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Hello! I attended a couple of property workshops a few years back where the "gurus" emphasized the importance of holding properties under LLC to minimize the risks of losing your other assets in case someone or some t...
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I have a property under contract for $300k. I will be assuming the mortgage of around 274k, and the rest will be under a contract for deed. The title company doesn't seem to be as familiar with these types of transact...