Shane Bowling
Old unpaid mortgages on quit claim properties.
I may be about to get 5 properties quit claim over to me and if I do I am going to get them free and clear via quiet title. The workaround I need is I think some or all of them have small mortgages on them that the ow...
Paul Haviland
Purchasing LLC vs. Real Estate - Depreciation Impact
If someone purchases an LLC (that owns the real estate) as opposed to purchasing the real estate, is there a tax implication regarding my ability to depreciate the LLC's Assets. For example, if the prior owner has de...
Raine Levans
Any recourse or advise?
Write your post0 VOTESWould love to be one of the "haves" instead of always the "have nots"! So, asking all ypu "haves". What can i do about this deal? i am a first time buyer in the hope program who needs to go Fha....
Strider Wardle
Is this a good deal? $2M building and $100k ground lease
Ive found a 9000sqft commercial building in an up and coming downtown area with cap rates in the 4s. Its on great corner across the street from a starbucks in a gentrifying area. Seller wants $5.25M or to sell the bui...
Randolph Kallenberg
How to get a bank loan for an LLC buying commercial property
Hello, I was just wondering how the process of getting a loan with LLC members works?Can anybody explain the process from the beginning? How are the limited partners involved in the underwriting process? Do I call o...
Rob Cucugliello
Reoccurring Balance transfers to fund BRRRRs - on the same card!
Hi All! SO... looking for some info that someone out there might have (and maybe share a bit of my own). While working thru a few small BRRRRs, I've leveraged a credit card I have that will repeatedly send me checks i...
Joshua Buchanan
Clariification for VA loan home Purchase
Hello everyone!I am in the process of preparing for a PCS from Okinawa, Japan back to Colorado Springs, Colorado. Because of this, I figured that I could start the process of purchasing a multi-family home so I can li...
Paul Bird
Providing Internet Service in My ADU
I am about to complete the construction of a new ADU in southern California. As part of the lease, we are providing all utilities for the unit. I two questions to help work through:1) Do we provide internet service b...
Mike Makkar
Long-term Bank relationship? Credit Union or Community Bank
This topic has been discussed ad nauseam on the BP forums. But would like to hear experiences between Credit Unions and Community Banks on growing my real estate portfolio.I have a local credit union willing to give a...
Max Bergstrom
Little or no money down
Does anyone know how to find private money lenders who require little or no money down? It's probably a really stupid question....but I'm having a really hard time funding my first few deals. I am currently whole sai...