Kennessey Foote
Advice Needed - Trusts, Companies and Income
Hi Bigger Pockets team,I am looking for some advice on the business 'back-end' for my investments. I would like to lay out how it currently stands and see what more experienced investors would do in my situation.My fa...
Jeremy Smith
Transferring Ownership of Family Owned Properties
Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properti...
Andres M.
Need to remove a name from title and mortgage. Is it possible?
Hello. I co-own a property in Kissimmee, Florida with my father in-law (50-50). We agreed for me to buy his share and so I'd like to remove his name from the title and mortgage so that everything is under just my na...
Heather Dane
Purchase my neighbor's house
My next door neighbor is moving to North Carolina and I would love to buy his house. He would love to avoid showings and sell his place to me. This may seem like a silly question, but where do we start? Do we have to ...
Bob Jones
A question about referral fees.
I've heard that its a good idea to offer $100 referral fees for leads. But, there's something I'm not sure I understand. If I'm given a bad lead, should I still pay the referral fee? I'm worried about the possibility ...
Christina Zimmerman
New Creative Financing Strategy
Hey, BP Community.I had this idea a while ago, and I'm not sure I've heard anything quite like it before. It's kind of a weird twist on seller-financing. I'm hoping I can get some advice on potential pitfalls that I m...
Cameron Hunt
Looking for Recommendations
Your goals and story: am trying to buy Mom’s single family residence from her on the coast. We need to do about $50-60k of repairs. After that our two exit options are sell the property or get a short-term rental p...
Ashley Salassi Hunker
Can you get a mortgage in retirement?
Hi BP!
A friend in retirement in their 70s is considering selling their house in Houston, TX to upgrade to a home perhaps 80% higher price point than their current property. Their funding would be: A regularly rece...
Whitney Breedlove
Cash Offer and then Refinancing
Is it a common strategy to make a cash offer in order to have a more competitive bid and then once you've purchased the home, refinance to get your money back out? I'm thinking this is what I'll need to do in order to...
Jeff Miller
Bank recommendation for mortgage/refinance
Hello all,We just closed on our first rental property in the Fort Lauderdale, FL area. We bought this all cash in an LLC, Once we get a tenant we are looking to take cash out of the house equity and buy a second prope...