I previously posted questions on this channel about lending money on the paperstac platform. Decided getting the licenses to be a lender in different states wasn't worth it. However, my question is, what would/could h...
Hey all, I'm new to the world of REI and recently purchased a duplex (Dec '16) that was supposed to be a 50/50 deal with a partner. At the time of closing, my partner did not have the funds because he was still closin...
I'm wondering... if I get an FHA loan and buy a 4-plex to owner occupy, and if I put another person on the deed who is NOT on the mortgage, would gift taxes be triggered? And if so, how are those calculated? If the 4p...
We went to a real estate auction today and purchased our first rental property. The property goes before the court on December 6th, so we should be able to take possession on December 9th. It was a tax sale. We paid a...
So here we go.. I am about to begin the financing on my first rental property. My brother and I will be partners. He is autistic and we will go in this together to begin our BRRRR adventure. I wanted to do this with h...
I feel I have found plenty of incredible properties, but I get so worried Im missing something. I want to go ahead with the deal but I worry something may be wrong, etc. How can I be confident I am making a correct de...
Thinking about putting several of my properties in an LLC, and wanted to gather peoples thoughts on a topic that seems to keep coming: What is the liklihood of triggering the DOS clause? I already have an umbrealla l...
Hello, my name is Tiffany Hernandez and I am new to the BP forum. However, I have been interested for quite some time in real estate, in particular fix and flip and buy and holds. I have been trying to educate myself ...
I am a novice with the commercial lending side of things but saying I have:1. 25% down payment2. Credit (From what I read this is not as important)3. History of being a landlordWhat am I going to need extra? Money lef...
Here's my thinking- we all get told to create LLCs to protect ourselves. But please raise your hand if you ever got sued and the LLC protected you? can you share what happened?I'm asking because I own 3 properties in...