Tony Mendoza
Transferring House Hack to LLC??
I’m house hacking a legal 2flat. I would like to transfer the building to an LLC. For two reasons; 1. Avoiding liability 2. To remove the rental income generated to me personally and have it towards an LLC. Has anyone...
N/A N/A
What will the bank say?
Okay so I'm 18 and I want to buy a parcel of land I found and have looked at three times, once already with a realtor.
My question is: I want to make an offer on the land, but before I can I need to see if the bank w...
Burt L.
What Disclosures, Rate Lock Docs Actually Req'd of DSCR Lenders?
Hi again BP,I have an associated thread inquiring about DSCR lenders and have contacted all those lenders mentioned by posters to that thread and much appreciate the contributions. What I am learning is that Portfolio...
Christopher Evans
How to Structure a Hard Money Loan
Hello BP Members,I was recently approached by an acquaintance for private lending for fix/flip. I have never privately lent but am intrigued by the opportunity. If I were to draw up an agreement what should be inclu...
Lawrence Leung
Oppose AB 828: the Unfair Attempt to Reduce Rents by 25% in CA
I wish this post was under better circumstances, but I hope everyone, and your family and friends are staying safe and healthy.
Phil Ting a California Assemblyman just introduced a new legislative bill in light of Co...
Alecia Bolton
BPO companies for Notes
I'm getting to the point where my current process for getting realtor opinions for AIV/ARV is painful. What is your process for getting pics of the property to assess current condition and a BPO? Do you use someone ...
Matt Foster
How risky are 1031 exchanges?
I understand the long term plan on 1031 exchanges are essentially defer, defer, defer, die. But what happens if you defer, defer, hiccup. Let's say you're on the 3rd or 4th exchange and for one reason or another the...
Eric Gunderson
1031 for Development on Vacant Land I Own?
I purchased a single family home on .75 acres in the city of St Paul, MN. I have since split the lot in half, leaving plenty of space to develop a multi-family building, probably 8-12 units. I'm wondering if it is pos...
Bret N.
Securing a property before foreclosing on a 1st lien. What type of notices should be posted?
The property is abandoned. I am having a company secure the property tomorrow and change the locks. Any advice about signage and signs to post?
Brook Rieman
Structuring partnership on STR
Up until now, my husband an I have been the sole owners and manager of our STRs. In order to scale, we are thinking about partnering with my dad on a new STR property. My dad would bring the down payment and his credi...