Hello I am new and want to start an llc in Michigan. I have the forms printed but have no clue what I am supposed to write in article II i want it to be a wholesale business but also will eventually buy and hold or fl...

Hello All,

I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...

Hi BP community! Hope all is well. Here is my question.I would like to check if it is possible for a LLC to issue (borrow) promissory note to an individual for the purpose of buying real estate. If so, can it be done ...

I am looking at purchasing a single family home (4 bedrooms) near a local university.    It is zoned specifically "Single Family Home"   According to the zoning ordinance this means :   Family means a person living al...

Hello,
I am in the process of evicting a non-paying tenant. My tenant is currently in jail on a felony charge so he is not on the premises and marshals are going to have to come to aid in removing his personal  belon...

Quick take on new tax bill-if possible defer income to 2018. Pay deductions in 2017. My first move!Lower tax brackets in 2018- less deductions available in 2018 compared to 2017. Example: Florida allows you to pay pro...

Someone filed a complaint with state housing discrimination unit against one of my rentals.   It seems that she emailed me last october (6 month ago) asking one of my listings and informed me she has section 8.  Based...

Hey everyone, I have a few questions about an investment opportunity I am looking into. The specs are: it’s a 2-family property: 1 unit is a 2 bed 1 bath and the other unit is a 3 bed 1 bath. HUD is 2700 for a 2 bedro...

What are ways to split ownership of property? As in, the actual logistical steps. Who to talk to, what to bring, what to arrange, costs and fees, issues, timeline, etc. Types of ways to split property? LLC? S Corp? Tr...

My partner and I have a 50/50 split in a multi-member LLC and have increased our number of closes year over year. We don't reside in the same town, let alone state, and have been closing in a single location (this mea...