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Hi Everyone – I’ve recently entered into a land trust with two partners to purchase and flip an SFR. Since the closing, two of us have decided to keep the property and buy out the third partner. Now that we plan to ...
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I am interested in purchasing properties with small groups of families for student housing (their kids). Each property will be purchase and manage through a seperate LLC. 1. As the managing partner, will I need to q...
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Hi There!! My name is Marco and I am looking into starting my flipping business. I am been reading books and websites, and have been a member of house flipping groups for probably over a year now. I live in downto...
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Greetings all. I’m a licensed agent in East central Florida as well as a HS teacher. Wanting to transition to investing full time. Was approached by a friend of over 30 years to partner on some properties. Very close ...
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Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
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I am wondering if I can use 1031 exchange funds to buy a partner out of an existing investment property. Specifically, my brother and I are beneficiaries of a trust. The only asset in the trust is 1/3 ownership of a c...
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I’m just starting to get my feet wet with the subject 2 strategy. I’m targeting Pre Foreclosures hard. My question is what are ways that have been used to fund the reinstatement fee to take over payments for seller? I...
I will be closing on my first rental property at the beginning of November, and the purchase was made with two partners. We have talked about the possibility of forming an LLC, but are leaning towards not forming one....
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Hey BP,
My wife and I primarily buy property subject to the existing finance, while based in the Denver metro area, we buy all over the US especially in South Carolina, North Carolina, Texas, Georgia and Florida to n...
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Greetings,
We have an investment property that is not officially unencumbered, we borrowed money from a family member a few years ago, we were supposed to make payments but have not been able to, the family i...