Pete Nater
Can a non-licensed investor legally earn a consultation fee for advising and facilitating an owner finance deal?
Hi all. Thanks for taking the time to read this. If you might share your knowledge and/or insights, I'd be especially grateful. I'm a wholesaler in the greater NYC area. I'm not licensed at this time. I've been learn...
Will Stahl
Hold house in LLC with a partner but only 1 name on mortgage
Hello everyone,I am buying a three family property and just got it under contract. My father has just retired and wants to be a 50/50 partner. He would rather not have his name on the mortgage. I plan on holding the p...
Robert Hastings
my tenant wants to purchase my property...philadelphia, pa
i own a home free and clear. i have been renting it to a man for 3 years. he has always paid. sometimes late but always paid. home value is around 40-45k (assessed value 54k). rent is 750/month. some months when...
Cathey Bayless
Rental Property Insurance
I'm trying to analyze a property a day and wonder how you properly estimate some items: monthly insurance specifically. I'm properly overestimating CapEx for now. On the property I'm analyzing, I have a negative ca...
Kumar Gaurav
Converting personal loan to LLC, Possible?
Hello,Is it possible to transfer an owner occupied multi family home ownership to an LLC and eventually personal loan to an LLC loan?Is there any value going through this exerciseif the landlord ends up being the guar...
Cooper B.
Clarification on Right of Redemption in Alabama
I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
Jenny Tang
Need Help with mortgage or exit strategy!!!
Hi Everyone.... I have a multi family located in the short north, Columbus Ohio. I had purchase this with an FHA 203k reno loan and it has been a nightmare with the progress. Long story short.... The property is gut...
Ryan R.
Setting up an LLC before or after buying a property
I was thinking of setting up an LLC to hold the property I’m trying to buy. Is it generally better to set up the LLC before and use it to buy the property or buy on my name and transfer to LLC after? Would it affect m...
Robert Williams
Property not under LLC - can LLC still be used to manage rent and expenses?
Hi All,Will be buying a property soon. I can choose to get a conventional in my name (best rates), or a DSCR in my LLC's name (slightly higher rate and prepayment penalty). Currently leaning toward getting it in my na...
Kayela Sartain
Septic issue with a VA loan
We just bought a home in Mantachie using a VA loan. The home we bought is a 4 bed/ 3 bath, 2557 sq ft, on an acre. We just discovered that we have no septic tank and our sewage is running out on the neighbors property...