Nathan Mcnabb
Help with Creative Financing
Hi, two years ago, I bought a 4plex for $275,000 . It cash flows about $1000 and has a balance of around 210,000 on it. I've made a deal on a 6 unit apartment 5 minutes from the house. Got it under contract for 289...
Eric Barnett
Series LLC - Process
I've read thru several posts but wanted to get a clear process or steps for creating a Series LLC and then how to move forward with each new acquisition. My understanding is as follows:Parent LLC - owns all cells and ...
Catherine Curtis
Thoughts on house hacking in a college area?
I am currently a college student looking to invest in real estate. I have begun to do research, reading books, and listening to podcasts. My plan has been to purchase a single family home semi near campus, hoping to e...
Gian Piero Bandieramonte
General Parnership and Inheritance Taxes
Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To...
Marcel Williams
Buying my first home, should I invest or live there?
Hello everyone!I was just approved by my lender for 150k and now I am in the process of buying my first home in the Atlanta area. I currently live at home with my parents paying a small amount every month. I have a qu...
Michael Pison
Newbie from Los Angeles, Californa
Thank you Bigger Pockets community, my name is Michael Pison. I am an Occupational Therapy Assistant and my goal is to create cashflow through rental properties here in LA county and possibly Nevada and Arizona. I a...
Summer Segeleon
How to word this in my contract....?
On the property I am buying, there is a mobile home, titled in the name of the PARENTs of my seller. I want to say something like...
Seller forefits any interest he may have in the mobile home situated on the...
China Wheeler
Bankruptcy discharge and investing
Hello, I have a recent bankruptcy discharge. I just got a real estate license. I own a home with $65k equity. How can I invest for passive income? Will I be eligible for a HELOC with a discharge on my credit? My credi...
Jared Espindola
grandparents' reverse mortgage/realtor rushing sale
Hi all,A little background since there is a lot going on here: -My parents recently bought a duplex and my grandparents are moving into one side as their house is too large for them to take care of at their age.-The p...
Leland S.
Wholesale?
Hi - I am under contract for this house in Nashville area. I feel I got a pretty good price. It's a slight fixer upper, just cosmetic rehab. I feel I bought at 75% ARV but since it's in such a desirable area I think i...