Don Konipol
Thoughts on “subject to” deal making
There’s a lot of negativity out there concerning the risks (especially to the seller) of subject to deals. To sum up the risks to the seller; the seller remains liable on a note which is secured by real estate they n...
Shannon X.
What do the following mean?
On MLS, on property description it states
Buyer Pays Transfer Tax. Rehab or Cash offers
What does it mean to "buyer pays transfer tax and Rehab offer? How do you get a rehab offer?
I'm pretty sure cash offer woul...
Trevor Justice
Umbrella liability vs. owning property in an LLC. Your thoughts?
Last year, I set up a CA LLC owned/controlled by a WY LLC, with the intention of deeding my 20% share of an apartment building into the LLC. (I've been on title as 20% co-owner.)I was able to transfer my share with th...
Oliver Oden
LLC Question - Do I include Co-Signers on LLC?
Hi everyone I need some advice.I recently purchased a home to Airbnb and my parents are "Co-Signers" on the house. If I open up an LLC do my parents names need to also be on the LLC? I've read everywhere that they do ...
Derrick Wilson
Has anyone ever wholesale a deeded timeshare?
Hello BP community I may have a potential wholesale deal of a Deeded Timeshare in Las Vegas, Have anyone did this type of deal before, can you let me the pro's and con's or an example of a deal like this you put toget...
Kristi Monighetti
Buying House from Parent With Unique Circumstances
In 2018 I separated from my husband and needed to buy a house. Due to my pending divorce my dad helped with my house, I put the money down to buy it and he obtained the loan and also left me off title (long story ther...
Benjamin Chavez
Transfer taxes from business to personal.
Has anyone transferred their property from their business to their name? If so what are tax consequences?
Priya Srinivasan
Private Money Lending
I'm borrowing money from a private money lender to close on a quadplex. He mentioned he will transfer the money to my account and not the title company. Is that okay? Also this is my first time with private lenders. W...
Matt Redmond
Potentially Dicey IRA Situation...
An acquaintance of mine owns a single-family home that he walked away from 17 months ago. He stopped making mortgage payments and moved into a different home (a rental). Two months ago the mortgage company finally st...
Bob McKee
Exchanging 1 multi-family for 2?
Hey all. Just joined and posting for the first time. I have historically made gains living in places then selling them. For the first time I am looking to sell a multi-family I never lived in and buy a new multi-famil...