We own a duplex in a disregarded llc and want to sell the membership interest of the llc to our buyer to avoid transfer taxes. We wanted to do a 1031 but they said it may not work because the llc's member is a partner...
I am considering an 8 unit building, and given the all of the trash created naturally, and the nature of it being located directly across from a liberal arts school, I am picking up that bill. Long story short, I can ...
Hi all,I have 3 units in a house in Grand Rapids, MI. The first floor unit is still run off a boiler in the basement. The upstairs units are run off of two different furnaces in the attic. The tenants each pay for the...
Do you phrase it in a generalized, or specific way?
i.e. would you write "we check your credit, eviction history, references and make a decision based on a combination of factors..."
or would you put "your applicat...
I always hear people talk about refinancing a property, not for a lower rate, but to cash out their equity? Can someone explain how this works or give me an example? I don't understand how it works. I do understand re...
You get a house under contract to wholesale to an investor- congratulations lucky you! But, it smells awful! "What died in there?," is an appropriate question here. But, more likely it's the cat that was left behind w...
I am looking for houses in southern Maine around Portland as potential flips. I'm a GC with many, many years of rehab and new construction experience. I am developing a good relationship with a realtor in Portland wh...
Hello BP!I'm getting ready to mail my first drop of letters/post cards to my list of high equity owners. What are you finding works for the Northern California market? Yellow Letters or post cards? Naturally, I wil...
Hey guys, first post here.
I am looking at a multifamily home in Watervliet and wondering what kind of rental market exists there. Most of my research has pointed me to not expect any significant appreciation in the...
Was planing on cash out refinancing a house hack in Texas. Learned of the 80% loan to value limit.
Does this making BRRR-ing in Texas more difficult then other states?