Context: I have a potential seller that would like to off load a vacant lot (I already have a buyer). The problem is, there is an IRS lien on the property in the amount of $76k. Lots in this particular part of town go...
I am working on buying a foreclosure in my wife's name as an all-cash deal. The bank/lender who is selling wants the proof of funds as a bank statement with the exact name of the person on the contract. So it should b...
My partner and I want to form an LLC before I purchase some property in NC. I've heard many ways of doing it and to start it. Whats the best way to get started? where? do I need an attorney? is everything online? Tip...
I have a question regarding providing proof of Employment when attempting to get an FHA loan. I just relocated back to NJ from FL. From July 2017 to June 2019 I worked with the same company. From July 2017 to Dec 2018...
Hi All
Just wondering where folk are up to regarding tax and the likely tax to be paid on your USA investments.
I am not talking 1 or 2 properties but 20+ SFH's with a $300,000 pa cash flow.
Some givings that are e...
I recently bought a HUD house to flip. I bought it in my own name and will quit claim deed it over to my s-corp. I've been doing it this way lately becuase HUD doesn't seem too interested in selling their properties...
Hi all -Do you have any tips on the best legal structure on partnering for a fix and flip?I met with another rehabber yesterday, and we'd like to pool funds together. We'll be using hard money on most flips. Our plan ...
Hi all,
Having built a successful real estate investing business with my own funds, I'm working on pivoting over to investing other people's money. I have been on the lending side before and I just did my first debt...
Hello there!
New to BiggerPockets!
We are looking to invest soon for the first time into a multifamily property in Maryland. We plan to live in one unit and rent the other two. We have a mortgage on our current hom...
Hello BP,I'm quite new to this, like the majority of others posting here, and would very much appreciate any advice or thoughts from you seasoned investors.I am getting ready to pull the trigger on my 3rd flip.First, ...