Elio Mariani
Holding property in LLC/Corp
I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...
Sean H.
Issues with using Non-Accredited private investors
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
Olga Kostrova
URGENT: Can a buyer real estate agent be changed before closing?
Hi guys,
I need some urgent advise.
I am experiencing something that I didn't think could be the case.
I am about to close on a condominium in Virginia Beach and am completely out of sync with my buyer side agent....
Daniel Ben-Hur
Buying a home every 2 years, renting the previous home out, and repeating, good idea?
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Clay Manship
Diary of an FHA 203k Loan Deal
Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
Alicia Marks
The Forums have a new look coming Monday, February 7th!
Good news! There are some awesome improvements to the forums that allow for an easier user experience. Keep reading for the highlights.
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Derek Rocco
First Deal Frustration: What did I do wrong?
So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
Jessica Hinman
Help! My tenant wants to fill our first rental house with daycare kids!
Hello Bigger Pockets gurus!I've been lurking on Bigger Pockets for months as my husband and I have purchased, renovated, and rented our first two single family properties. We thought everything was going great until ...
Bill Gulley
NUTS WITH GUNS
I'm all for gun ownership, I own several myself, but do we have any responsibility to inform authorities of those you are clearly having mental stresses or conditions that could lead to the Batman shooting this mornin...