Nina C.
HUD Eliminating Seller Financing for Non Owner Occupied homes
I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...
Ed Combs
House sold tax sale can I ask buyer to take it 2 mos early?
My house sold on tax sale, my fiance and my mother had just passed away and I fell 1100. Behind. My father has gotten ill,and is going to need me to move out to take care of him. I'm still 2 months short of the redemp...
Donald Lowe
Alabama tax lien over the counter
Good morning all,I know the Alabama law on tax liens is still relatively new. My question pertains to counties that are participating in the new lien format. I bidded on a parcel and won a lien this year. Apparently, ...
Kenneth LaVoie
1031 exchange questions
Good morning.
We own a 4 unit we've just signed a purchase and sales agreement on to sell. is it too late to commit to a 1031 exchange? We want a condo in Florida and we're thinking that even though prices are high,...
Sunil Kapoor
1031 exchange alternatives
Hi All,I’m about to sell 2 properties in SoCal that have high appreciation and I am wavering between several 1031 options. I’m wavering between just purchasing more properties, a DST or a Opportunity Zone Fund.For tho...
Account Closed
Licence For Promissory Notes?
I've been loaning businesses rehab funds for their projects and was wondering if my business activity requires a licence in Oregon state. I'm in Washington and so is the business I loan to however the projects are in...
Karla Slyngstad
1031 Exchange - can you reduce your investment value (no loan)
Hello. I need to sell my home that I've rented out for the last 11 years to reduce my debt. It should sell for $875 and I owe $430. To avoid capital gains I would like to reinvest, without a loan. Can I do a 1031 ...
Matt Berklacy
lease w/ option to own, landlord owe tenant for reno & forclose?
under a lease with an option to buy at the end of lease..where landlord has non refundable option fee, is not crediting lease payment to balance, and has seperate document instruments..if tenant fixes up property in a...
Matthew Cain
Annual $800 California FTB fee for LLC's
California FTB charges residents $800 per LLC even if they are incorporated out of state. I've heard Delaware statutory trusts is one way to get around that fee. Any other options that investors have used? I can't ima...
Michael Hooper
Cincinnatti LLC Advice
I'm about to close on my first property in Cincinnati. Its a quadplex. I'm trying to figure out what is the best way to set up an LLC for me to put my property and future properties in. I'm looking to buy about 25 doo...