Interested to hear your thoughts. Purchase a rental with cash/private money, fix, rent and then refi out with a mortgage or get a line of credit on the property? Personal name or LLC?
Mortgage route -
Pros - bette...
So I'm putting in an offer on a place in the morning and I think it's a little overpriced because I plan on putting some work into it. The thing I'm debating is whether I should ask for more credit since the cash will...
I've been interested in real estate for many years. I haven't gotten involved due to lack of knowledge in securing funds. I've recently found a trailer park with a 15 cap that I'm interested in. The owner is willing t...
Hello!I'm trying to come up with other ways to fund my next MFH purchase. I have some cash on hand which might be enough for a down payment but I also don't want my money tied up to one property. So I was wondering ...
There are a lot of people who want to start investing in real estate, but don't know where to start. Wholesaling is by far the best way to get started. It requires no training, knowledge, cash, credit, or experienc...
I live in my mom's house. My moms HOA filed a creditors claim against my moms estate and it was denied. The HOA is trying to foreclose on the amount that was denied by the courts. Are they allowed to do this? It seem...
Asset partitioning may be thought of as two types - affirmative and defensive.
In defensive asset partitioning, the personal assets of the firm owners are shielded from the creditors of the firm.
This is generally t...
Hi BP Community,
I need help with a lead I'm currently working on. Any advice or guidance will be appreciated.
Details:
Owner (mother) on title is deceased.Daughter wants to save the property from selling at tax a...
Hey guys! I was wondering if anyone in the group has experience with purchasing an investment property with judgements attached? (I am in the state of Texas btw) Basically the owners had a rental property and went cre...
Pace Morby built an 1,800-unit real estate portfolio using none of his own money. Unbelievable right? Well, it’s 100% true, and he’s here today to tell you why most of what you know about real estate investing is enti...