Frank S.
Renting to Illegal Immigrants
I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...
Pixel Rogue
After 12+ months, titles are still no in our name (!!)
We closed two properties at the end of 2019. We discovered that the deeds were never recorded in our name when we went on a hunt to locate school taxes. In August title company blames everyone else (including state we...
Juan Pardo
Understanding Title in the United States - Foreign investor
Hi all! I created this thread as a spin-off from this other thread:
We Loaned on a Stolen House
https://www.biggerpockets.com/...
I am trying to understand the differences about closing on a property, and particula...
Dave Bopp
What are the risks of my agent signing for me at closing ?
Hi everyone, I've had closing for a rental property get pushed back due to a series of inspection issues that now overlaps with me being out of town. My real estate agent is saying I can sign my HUD1 and a few other d...
Account Closed
Title work on assignment contract
Long time lurker, first post. I've come to a verbal agreement to buy a home on an assignment contract from one of those "we buy houses cash" investors. They seem legit and sent me the contract to sign, but they want m...
Phil Damjanovic
First deal under contract
Hi all,
I've been reading BP for a while (lurking) and learning and am curently under contract on my first deal. I just wanted to share this on BP.
It's a duplex in Houston, 3bd/2br on each side. The neighboorhood i...
Christopher Helwig
Owning Properties Through an LLC and in My Own Name
I own 4 rental properties. Two are in my name and two are owned through an LLC. The mortgage holder for the two I own in my name will not let me change ownership to the LLC. In order to keep the liability protectio...
Kris Mead
Down payment seasoning/co-mingling
Hello everyone!In order to maximize our Fannie/Freddie loans, my wife and I take turns putting properties in our name. My question involves saving for down payments. Currently all of our accounts are joint, but we s...
Haus Kauffmann
American expat buying single US residence - LLC or not?
FriendsI'm living and working outside the US, and will continue to do so for the foreseeable future. Each year even after FEIE I have a modest tax liability to the US. SHORT TERM:Buying 1 SFH, and as a form of pers...
Shawn Connors
Looking For Thoughts About A Potential Deal
Hey BP,So I wanted to put this out there and get some feedback from you guys/gals. I went on an appointment yesterday with a very motivated seller. The wife has a new job in Maryland and is looking to sell their hou...