Ken Latchers
20% -ish Down Noncomforming loans
I lost a good deal on a former bed and breakfast. I was going to live in it. My attempt at an FHA mortgaged failed, because I have 6 rental buildings and due to the pandemic, they decided my Debt to Income is way to...
Jamie Flowers
Using LLC for personal use
Hi,
I just recently created an LLC for providing referee services. In the past, I was just doing it as an independent contractor, but now have decided to create a business out of it. As an independent contractor, I ...
Robert Ferrara
Long Island Real Estate Attorney
Hello Bigger Pockets Users:I'm a practicing Real Estate and Litigation attorney in Smithtown, NY and am a part time investor myself. Prior to becoming an attorney, I worked as a project manager for a NYC construction ...
Carson Jacques
Wholesaling for Beginners
Hey BP nation,I'm a college student in the midwest and just have some questions about looking into a wholesale deal. I've done my research for the most part, but am unfamiliar with the legality or "morals" that go alo...
Mete G.
Can I be a loan guarantor for my wife's LLC?
Hello everybody, For tax purposes, we are planning to make our investments under a new LLC that my wife will be the sole owner. She doesnt have any W2 income so this will be her only source of income / primary income....
Craig Napoliello
1031 situation - looking for feedback
Good morning. I am in the process of trying to execute a 1031 exchange. What I am attempting to do is enter into a land sale agreement on a mobile home park with seller financing. So I would have a contract for owners...
Tarquin Ross
20% re-fi mortgage, debt- consolidation
My fiance and I are hoping to take a mortgage out on her property; approx. 18% = $85K on property valued at $520K. The purpose is to consolidate about $60K of her debt, including a CA state tax lien and some back prop...
Ed L.
Where to start investing?
Own 2 places right now, 1 rented out cheap with a self maintenance deal to family, pays the taxes on both plus a little, and the other we live in. No debt, no credit, not much cash saved for any down payments..I could...
Robert Mack
Top Bank Sued by SEC
Goldman Sachs, one of the top banks, is being sued by the SEC because of the misstating of data on it CDO's (http://en.wikipedia.org/wiki/Collateralized_debt_obligation ) it was selling.... just added proof all bank...
Brad Campbell
draw equity out of rental, buy land, build then exchange rental
I have a rental with an equity line of credit which would allow me to buy land and build another rental. After maxing out the equity line of credit and other loans contributing to the construction can I exchange th...