Ritesh Matta
Buying a forecloure in VA
Gang: My first post on the forum, so am excited taking this journey to the next level. Recently bought a foreclosure in VA which I have to close next week. I understand the foreclosure title gets cleaned up as part of...
Joseph Blauwiekel
Recording Question - Assignments Out of Order
Good Afternoon Team,I'm working through my first NPN and have run into a snag where the assignments are out of order. When I dig into the county records (in this case Michigan) I find that there was an "Affidavit of ...
Paul Jamgotch
Looking for Nuts & Bolts Book on Structuring JVs
I'm trying to structure an out-of-state (for me) JV and running into issues determining how we can best structure to protect my investment as well as GC's time. In this scenario I will be financing the difference b...
Lear R.
LLC Formation Help
I am looking to form a Texas LLC with the use of a Texas Based Registered Agent since I move frequently due to my job. The goals of this LLC will be the following.1. Protect my personal assets as well as move my cur...
Rodney Dawkins
How viable is the inverse purchase system?
Hello, I am wondering if anyone has heard of the inverse purchase system of flipping properties? Does it actually work or could this land you in court for operating as a realtor without the proper license?
Eduardo Zepeda
Seeking joint venture advice in Bay Area
Hi BP'ers,I'm in contract to purchase a property in the Easy Bay, CA and I'm working with several partners on the deal. I'm looking for an attorney that can help with setting up a joint venture agreement between the p...
Anssi Viljanen
How do i determine ARV?
Hello community,How do I determine ARV? I know it is based on comps. Is there a way to get comps without MLS access? It also seems to me that my RE agent sends me comps that are really not very useful: comparison to 1...
Drew Gordon
Do I absolutely need an LLC for STR or is it okay to be a sole proprietorship?
I currently do not have any units as of right now but I am in question about whether I need an LLC or can I just run the business through sole proprietorship?
Sam Leon
HOA in disarray
I am not asking one question here, but a series of them.
Last year I bought a unit in a four-plex. It is single dwelling with four 2/1 units. They do have a condo association.
I paid cash.
What I didn't know at t...
Leo Tamcsu
FHA Loan at 18 / What problems do you see
When I turn 18, I plan to get a 4 unit house and live with my friends, If I do a down payment of the conventional 3.5% and then split the rent 1/4 or even charge them more, what could go wrong, assuming I’ve known the...