Jeanni Prescan
volusia county florida foreclosure auction
I'm looking at an auction in Volusia county FL, and the info states that est debt is $150,000. Does that mean that the debt would need to be paid off if I win the auction? And is it in addition to the amount of my b...
Account Closed
Non-occupied
Is seller finacing consider a down payment for non-occupied loans?
Kyle Neville
My business is taking off. So many questions !
My friend and I are starting a rental business to help us save up to start flipping houses. While we were at work a doctor overheard us talking and he said he would invest in us so we can start flipping houses now. Qu...
Nicole Heasley Beitenman
LLC on owner-occupied rental property
Hello! I have 2 questions regarding LLC's, and I can't find the answer on Google or BP.1) I rent the spare bedrooms out of my personal residence. For this reason, is it advantageous to put my house into an LLC? Do the...
Renee Sobering
How to Structure Syndication Deals for Short-Term Flips
My husband and I are real estate brokers and experienced house flippers, and we are actually getting lots of interest from friends and family who want to invest with us. I'd love to expand our flipping business and s...
Jim Bryant
FSBO and 1031 Exchange in Illinois
So I'm trying to sell one of my rental properties to trade up to a multi-family home. There is no problem with finding a buyer, my renter wants to buy it for my asking price.Since I already have a buyer, I don't thin...
Chad W.
Florida LLC owned by single member Wyoming LLC - Is this safe?
If I have a Florida LLC owned by a single member Wyoming LLC, am I protected with charging order protecting through the Wyoming LLC. In other words will I be treated as an LLC and not a sole proprietorship?Unfortunate...
Candice Jensen
LLC or Personal Property
Hello group! I've been managing my family's property (11 units) for 4 years now. After lots of learning, my husband and I are ready to start our own portfolio. I hoping to schedule a meeting with a CPA this week, but ...
Erica Guide
Investing in first home with brother as a coborrower vs cosigner
I live in the DC area which is very hot right now. I want to buy my first home. I'm 35. I have student loans of 11k, 25k saved, 100k in inheritance, a few interest free debt of about 4k. I make 65k a year but that is ...
Kyle Kufeldt
Subject to and Probate
I'm currently marketing to probate and have come across a lead that has a mortgage that is close to what the property is worth. The only question I asked was about the total of the remaining mortgage and was going...