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I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...
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So I am wondering if this is a legitimate asset protection strategy and would highly value any mortgage lenders or attorneys opinions. I haven't heard this discussed before.My wife and I own several properties. I ha...
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I am fairly new with REI and could use some suggestions and/or advice from those who have had exposure to setting an LLC for your rental properties. I am undergoing the process of purchasing my 3rd home and the thoug...
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Hello,I am evaluating a syndication as a potential LP. IF all projections are met and the property is sold after 5 years it will be about a 10% annual return after all capital gains taxes are paid. They seem to be a...
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I've been working with the seller for a long time and she is now ready to sell. I had an O & E run and it shows a DOT and a mortgage of $56,000 borrowed 33 years ago. The owner received the property in a divorce t...
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Hi BP, I need some help. I am looking to buy a new property as a primary residence and to house hack the property. Here is the info on the new property: it’s a 3 bed, 2 Bath SFH listed for 240k. It also has 1bed 1 bat...
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We’re about to hire our first property manager. We’re reading over the contract and not sure if we need a lawyer or if the contact is a standard one. The property manager was recommended to me by a realtor/investor ...
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I set up an LLC, intent being that i would buy a property and rent it out. so the LLC has Agent listed as Legal Zoom, and myself as manager, with my own home addressmy plans have since changed and i will need to move,...
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I have an investment property that I own outright (in my personal name). I would like to buy my investment property through my llc, and use the money to pay off my primary residence. I’m looking for ideas of how to do...
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My husband and I need to evaluate a Self Storage development opportunity and decide whether to invest 50K of our self directed IRA funds as a passive investment on a 506c TIC deal. The syndicator, and the operator/ma...