I started out by house hacking a triplex with an FHA mortgage, I moved out after a year or so and tried to transfer the title to my LLC. After talking with my lawyer, I was told that before he could begin the transfer...
I'm looking to start investing in real estate using creative financing. Read a couple books on the topic and have been trying to think of various ways to get going.Is it possible to get a hard money loan to purchase a...
Hey Guys! I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan). I have had some people tell ...
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
I am currently an "investor in training" and have spent the majority of my time researching the ends and outs of wholesaling. I am currently located in Raleigh, NC area and intend to start marketing within the next m...
When do you know it's time to call it quits on a property?
I have a SFH in MD that I purchased as a primary residence while living in MD from 2008-2010. I held onto it because I was (and still am) upside down and wo...
Good Morning BP Community,My name is Anna and I grew up in Northern Iowa. My background in RE is purchasing a condo as my primary residence in 2012. I came here to learn more about being a landlord for the future in 2...
Hello,
I'm new to real estate investment. I'm curious about what habits and behaviors, whether very minor or major, make a person successful in REI. I understand success can look different for everyone depending on ...
This strategy I'm sure has been discussed in some form or another.I just lost another bid (probably my 13th in over a year, none of the properties I placed a bid was in market for more than 2 weeks) to an all cash bu...
I have a tenant that approached me about renting to own my property. I was forced to foreclose and wound up with the property and the tenants. What should the tenant pay for in addition to the monthly rent if they do...