I have an LLC for a rental property with 2 other members (3 total) and one of them wants to leave the LLC. However, that person is a guarantor on the loan for the property (and is willing to continue to be the guarant...
I have 3 rental properties (1) single family (1) tri-plex (1) 6 unit. They are all currently owned by 1 llc. I would like to place each individual property in a land trust owned by an llc which is owned by a holding c...
I have a note on a mobile home where the borrower has got behind because of work, around a grand. They probably owe 4500.
I'm thinking of restructuring the note for a fee, maybe a longer term and slightly higher ...
Tenant was acquired with property upon closing(they have lived in their unit for 2+ years with on time payments). Their previous lease includes a portion of storage in the basement with laundry access(also in basement...
Hello, Who sees these as still going on? Or, who sees these as going away? What's your outlook on commercial RE today? Thanks.
BLUF: asking for talking points to take back to the Sellers and my buying agent to ‘renegotiate the deal’ to ultimately still purchase the property, but for less - what’s a reasonable ‘ask’?Background: 4 residential...
I have the 20% second on my primary residence killing me. It's a 105K loan at 12%!!!! I have flawless credit 740+, fresh tax returns showing plenty of income. Problem, like everyone, is the house is upside down. I nee...
Figured y'all would appreciate this. Asset: 18-unit C-Class apartment building; Purchase Price: 500kFollowing acquisition, I initially created a quite a bit of equity through the restructuring of the management, some ...
Hi BP Community,My wife and I became accidental real-estate investors due to us moving to different cities for work and we ended up buying and turning into rental when we move. We were fortunate enough to be in the l...
If I were sell my dental office condo to my tenant would it be possible to defer capital gains taxes (purchased in 1979 for $70,000) by designing an agreement more like a lease with option to purchase?Example: "sell"...