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if i buy a property subject to the existing financing what if any strategies can be used to get the note off the sellers credit report quickly so that they can buy another house? Other than a refi or assuming the loa...
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Hi everyone. I am new to Bigger Pockets, but I was hoping you might have some advice for me... I have a situation where I recently fired my PM in Arizona, because she was taking advantage of the fact that we li...
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Hi BPers (and, I hope, helpful lawyers),I have read online that one can secure traditional financing while getting asset protection by getting a traditional residential mortgage in one's own name, putting the title in...
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Just a thought that went through my mind, if your parents die do their debts carry on to the children? For instance, if my mother passed would I be reliable to pay off her credit card? I'm not a co-signer or on a join...
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Hello BP,I am about to move to another state where I will be buying another house. I would like to transfer my current primary residence to a LLC and rent it out. I currently have a mortgage on the property and do not...
Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
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Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...
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Hi, I have two LLCs formed - one is Traditional LLC for Rental Management & the other is Series LLC for rental properties. The member/manager for the LLCs is a Trust. The Trust have grantor/beneficiaries as myself...
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I have mentioned this deal before: Neighbor needs cash flow, her home is paid for but a reverse mortgage for her small home doesn't give her enough income nor is it worth while with all of the expenses related to doin...
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I have a few questions I'm hoping someone (more experienced than I) can give me some guidance on.
My situation:
- I have several properties in my own name. Let's say the ones we want to look at for th...