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Transfering a property into an LLC
How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
Thomas Loggins
Real Estate Crowd Funding - Beware
Good morning, folks.Disclaimer: I am not a real estate investor. So obviously take my words with a grain of salt. However, I have underwritten real estate deals and managed portfolios of real estate loans for over 20 ...
Sean M.
Getting a current credit report before buying a Note
The to be unnamed credit reporting agency is giving me grief about pulling a credit report on a creditor for a note I don't own (which is fair enough I suppose). It's my first, so what is the usual practice? Am I be...
Nickolas Graham
Subject to questions
Hey BP Community,
I am looking to get some advice on how a subject to deal works. Let's say I have a person who is willing for me to take over their payments and sign the deed over to me. What is the best way for me ...
Janice R.
Applicant does not want us to contact current landlord
Of course that's a red flag. The application has all the information about the current landlord but the standard form from the real estate agent allows the applicant to say "No" to the question "Do not contact landlo...
Arthur Schwartz
how do investors in expensive markets make money?
Or do they simply put more down, say 35% or more, to reduce the mortgage payments and bring rents and expenses into line?
Debra Gross
LLC buying property in Ohio,
Getting ready to buy my first property all cash in my LLC. I have a 2, LLC's that own each other. I am just a member. I have been working with the title company who wants me to changes this to purchase the property an...
Joe S.
Do you all asset based lenders do this?
Do you all asset based lenders do this? So I was referred to an asset based lender. They talked great game and said that I was a great fit. They explain their Lending and refinance program and so I find a property tha...
David J.
well here is one for the books. Bay area is not easy!
Not great but here it goes! For a bit there I was able to make Bay Area work, I could find houses cheap enough that they would cash flow decently. I guess it's not possible anymore. Or at least, it's getting really di...
Account Closed
Guidance Needed on Investing in Canada as a US Citizen
I am a US Citizen and I would like to begin investing in some properties in Canada with a friend of mine that is a citizen of US and Canada. I would like to learn more about what steps i need to take to be able to pur...