Good morning, everyone,I have an opportunity that seems ripe for a creative deal structure. I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, paye...
Hi, let me start by mentioning that I'm very new to real estate investing, and have yet to purchase a property. As a veteran, I had planned on using the VA home loan guarantee to enter the world of real estate one pro...
Hi Guys - Would appreciate if someone can shed some light on the following issueMy structural engineer recommend 1 1/2 inch raise on each side of the house. However he mentioned that the house cannot be fully leveled ...
Hey everone
As mentioned I do have a rental property that I actually live in the basement myself(saving as much as I can). reading the forums everyone is mentioning having and LLC for the rental property an...
I went to a REI seminar recently and heard some new info on how to set up LLC, S-CORP & TRUSTS. The guru was saying to have your llc under an s-Corp for multiple reasons. 1. It provides layers of liability protect...
Good day all! My partner and I have just started actively looking into real estate. We’ve created our LLC’s (one face operating company and one holding company) to put ourselves out there. Our face company will operat...
I have a seller who has the primary goal of reducing their capital gains and would like to do seller financing. They have mentioned an installment sale. I would obviously prefer a long term structure but they want som...
Dear BP Community,
Thank you for taking the time in reading my post. I appreciate any and all advice and feedback.
I am interested in leasing a 50yr old stand alone retail/office building for a busines...
Hi guys,
I have a question about incorporating. I am new to the real estate and have not bought my first property yet. I have owned several businesses from used car dealerships to computer repair companies. All incor...
Hi Everyone,I am new to this forum. I am an accountant from the Chicago land area and I am working on my second real estate deal. I am currently in contract for a multi-family 4 unit in Lombard, IL. After inspection, ...