I saw recently that Fannie Mae released new guidance on the due-on-sale clause where they are no longer enforcing when someone transfers ownership to an LLC owned by themselves.The quote and link below:"A limited liab...
Hello everyone, I first want to apologize if this is the stupidest question you've seen in the forum.I'm a complete newbie wanting to househack with small multifamily. And my first step was to find them on Zillow to g...
Amidst a significant downturn in commercial property values, private investors (particularly high-net-worth individuals and family offices) are seizing the opportunity emerging as the dominant force accounting for 6...
I have had several call or contact me through Bigger Pockets. But this week, I had a young man actually take the time to come see me. This has happened one other time.
Both of these individuals were either in the...
I am a builder here in the panhandle of Florida. This is my first time building multiple spec duplexes and these are rare in my area. I’m working with my RA who sells my spec SFH but doesn’t seem to know how to market...
Obtaining a loan on an "Brand New LLC".Hello biggerpockets family!I recently started an LLC with two partners. All of us have decent credit scores ~740-750.However, under a new LLC there is now previous tax history. W...
In a 1031 exchange context, does a capital contribution to an LLC qualify as a "sale"?
Here's the scenario. Collectively, like-minded Investors A through M want to combine property in a fractured ownership, multifam...
I am looking at potential liability of the following subject to deal. Scenario... seller went into strategic default on primary years ago.. he has been prolonging foreclosure via fraud claims against the bank.. al...
Hi BP team, Happy New Year!
My brother and I own a 4-unit rental property in Los Angeles, CA, we've owned it for almost 10 years. The property Title is owned 50% by each of us individually, as tenants in common. HOWE...
I just bought my first forclosure house my intentions where to fix it n live in it but had changed my mind how can I change the paper work so I can sell it in less than a year...Help new on this