Seeking advice and financing options for an inheritance buyout of a mortgage-free property, where I am one of a handful of beneficiaries. Unsure of how to proceed logistically. I have a meeting set for next week with ...
Hello All,My mother-in-law and I have been discussing working together on real estate investments for a few years. She's getting close to retirement and wants to get her feet wet now so she has something to keep her b...
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing. – Robert KiyosakiWhat is a partnership in business? A business partnership is created when two or more p...
I'm looking to buy shares of an LLC. The LLC is owned by a trust and a couple of investors. The trust is looking to sell 1 share to me. The owner of the trust says he'll personally guarantee my money back within 6 mon...
Is there any tax to transfer an LLC from one person to another? The LLC is formed in NY and it has a commercial real estate property.
Hi BP team,
My business partner and I own one property through an LLC (split 50-50), which for various reasons, we wish to exchange for a different property he owns outright through a separate LLC. I am looking at wh...
I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...
Hello, I am a RE agent wanting to advise my client on a long term residential flip. The situation is as follows. 3 individuals (my client included) want to take equal parts ownership in a flip that will take 2-3 years...
I currently own a rental property with family member (will call A) where we both put in 50%.CMA on this property #1 is @ $75,000 my share is $37,500."A" also owns a property #2 valued at $450,000 and would like to sel...
I’m under contract on a $2M STR investment property with great rent performance, above 1.25 DCSR, and room for growth, but my investors are $50-75k/ea on a $500k raise so there’s going to be 7 of us and lenders don’t...