Hello all! We are looking to start on our first couple properties. Have found our first one we'd like to submit an offer to. We have a pre-approval for a conventional mortgage. My questions revolve around the loan and...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/43436/small_1624548848-avatar-buckeyeboy.jpg?twic=v1/output=image&v=2)
The area where I live is loaded with MH's, and I'm wanting to take advantage of the demand for this type of affordable housing. I've put some ads out that I buy mobile homes and my phone is driving me crazy (not compl...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3121341/small_1726860270-avatar-taruway.jpg?twic=v1/output=image&v=2)
Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/628552/small_1646522218-avatar-patriciab28.jpg?twic=v1/output=image&v=2)
So, an answer I received in an earlier post inspired me to focus on Asset protection, but I am stuck on what to do... if you were me what would you select out of the 2 options below? I am leaning more towards the firs...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2883530/small_1732892710-avatar-deirdrel5.jpg?twic=v1/output=image&v=2)
I’m working on building a property management company in Boston that truly solves real problems for owners and tenants, and I’d love your insights. Here’s the big question: Is property management all about profit, or ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/81468/small_1621415683-avatar-jellicus.jpg?twic=v1/output=image&v=2)
After many years of doing my own taxes with forms A, C & E using Turbotax we started using an accountant when we formed an LLC like 5 years ago for our properties. Now he's MIA, and we weren't all that thrilled wi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/195316/small_1695951952-avatar-vachej.jpg?twic=v1/output=image&v=2)
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...
Hi everyone,A friend recommended I join this network, and i am so glad I did! I’ve been learning a lot from all of you - so thanks!I am about to buy my first property that I plan to rent out. I am a bit confused as to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/135523/small_1621418679-avatar-barshay.jpg?twic=v1/output=image&v=2)
My attorney said it was not necessary to buy property in the name of an LLC; that getting a high enough insurance policy would suffice? Any truth to this?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/323427/small_1621444270-avatar-midiver.jpg?twic=v1/output=image&v=2)
Hello,After listening to the BP podcast concerning asset protection, I (maybe like many of you) realized I may not be as protected as I should be. I am interested in discussing my situation with an attorney with expe...