I’m looking at starting a private REIT with friends and family. My idea is to form an LLC with ownership equally spread across all investors. After this is done, my idea was to have everyone (around 10 ppl) invest $50...
Whether FHA or conventional, what type of proof do you have to give that you will occupy a property to qualify for owner-occupied loans? If someone were to purchase a multi-family property (2 - 4 units) with the inten...
Hey guys,My purpose is not to be morbid, but this is the situation at hand. My neighbor has verbally committed to selling me his property upon his death. He is 90 years old, and none of his family members will be ab...
Hi! My name is Jake Pence. I'm a 20 year old college student at the University of Illinois studying finance. I read Rich Dad Poor Dad 6 years ago and have been committed to not falling victim to the Rat Race ever sinc...
Hello,
So I have an interesting opportunity when it comes to a possible investor and I would like some information on how to get a commitment. My father-in-law is on the verge of retiring and is interested pu...
Hi All,
My name is Kyle, I’m a 23 year old Aerospace professional. I’ve become increasingly interested in real estate investment over the past several months and would really like to get my feet wet.
I currently res...
Hello all,I am making the commitment to starting my real estate investing business. I have been reading books, blogs, listening to podcasts and watching Brandon's awesome webinars. I just joined BiggerPockets PRO to...
A dozen bankers committed suicide between January and March of this year, and two more prominent bankers were added to the list this week. William Broeksmit a former executive at Deutsche Bank, commited suicide in Jan...
hello, i am currently working with a bank to get a mortgage pre-approval as well as starting an application for a cash out refinance. i have one 2 family house free and clear, savings that i will keep as reserves to c...
Hello,I have a client who can’t purchase a home right now due to issues with an ongoing divorce, but she needs to get a new place ASAP. I am not too familiar with rent to own, but I thought that could be a solution fo...