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Hi biggerpockets!
First off love the forum!
We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...
So here is the scenario. We own 4 properties. The one we live in. I own 2 rental SF homes and my girlfriend owns 1 SF home that we rent. We are looking to form an LLC for any future rental properties. Together we...
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Hey everyone! I'm trying to buy two multi-family complexes and have a few individuals who have committed to giving me private money to fund my down payments. The two opportunities I'm working on right now are a valu...
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Hello,I have heard of several ways to use my personal 401(k) for creative financing. I'm thinking of transferring my previous employer 401(k)(quit my W2 job last month) to a Self Directed IRA to use these funds to Fix...
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Hi all,Just curious on how you'd structure a deal with a partner with the following information. I'm going to bring about 30k to put towards downpayment and closing costs of the purchase and the property will be in my...
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Hello everyone, I have a question. I am about to receive $100k from a family member for the sole purpose of real estate investing. With the money I plan on putting down money on a multi unit. my question is how do I a...
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Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
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Just received a 4 flat from a deceased family member. No leins on the property but I just found a gas bill lying on the ground. A pretty pink slip showing that 7k is owed. Not to mention a 3k water bill. I put the bui...
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Hello all, I am residing in Massachuesetts. I was wondering if a Landlord can change from free laundry (Washer and dryer) to coin-op midlease if the his free commitment was not signed upon in the lease? It has been 2 ...
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Good evening everyone, my business partner and I are currently working on our accountability in writing as well as some careful planning with the structure of our LLC. What I would like to know is, is it possible to h...