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Hi All! Just purchased my second investment long-term Hold Property. Because it ended up that I couldnt use an FHA due the proximity of a gas station to the house, my parents decided to own the house with me, contrib...
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I use Crestcore in Memphis, TN. Not a very responsive company. I wonder if it's normal for them to request and hold a minimum amount in my account for repairs. At least that's what they claim as the purpose. I am n...
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Hi All,I’m from WA, Seattle area new investor looking to invest in outside of my state. Real estate has gone extremely high here.I’ve been looking at a few markets in Florida, specifically Sarasota, Orlando, and Jack...
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I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
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Hi All,9 months ago i decided i wanted to invest in real estate and i'm finally taking action and got my first investment under contract (home inspection next week). I've run the numbers but would love to hear what p...
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If the owner of record Quitclaims the deed to another party, does the note need to be modified as well to reflect the new deed holder? I would think the answer is yes. I'm looking at buying a note where this is the ...
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The more I look into turnkey, knowing a lot of research needs to be done upfront. Cashflow is a priority of mine to gain capital to then put that into other investment strategies.
Is turnkey a good investment strateg...
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Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
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Hello BP Land!My name is Tatiana and I am new to Bigger Pockets. Currently residing in Northern NJ. I am a commercial interior designer for a global architecture firm and serve on the Young Leaders board for CoreNet...
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Can a realtor include part of his commission to our deal in escrow?
I like to look at houses but REALTORS are so '' busy'' to show them and after 2nd house they show you its too much trouble for them.
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