Kyle Hussey
True (Simple) Bi-Weekly
For a Conventional Loan, is there any reason why some one would not want to set up a True (Simple) Bi-Weekly payment structure? At least for a some one who is planning on holding the investment for a long time. S...
Matt Pfefferlen
Irs lien on foreclosure
I am looking at buying a foreclosure from a second lien at trustee sale. There is an IRS lien junior to the second lien. If I go ahead and payoff the first and the IRS redeems within 120 days will the IRS reimburse ...
Merari Alfaro
JV'ing a JV contract?
I have a potential JV situation, the wholesaler who has the contract wants both our company names to be on the Assignment Agreement. He wants to split the proceeds by giving me 30%, is there a way to talk it to 50/50?...
April Peterson
How would I do my taxes
My husband was accepted into graduate school in another town here in Idaho and our house didn't sell before we had to move. We were able to get our house under contract with the contingency that the buyer's house wou...
Gere W.
Costs for little things
When buying a property, what are some "normal" costs to have to get up front before move in ready? For instance, does one always buy a washer/dryer? Is new paint always a given? Even if a place is supposedly turnkey, ...
Tim S
HELOC for Primary?
We bought an REO townhouse in Nov 2011 for $91k (bank was only accepting cash deals), rehab costs $25k. The property is now conservatively worth $170k. Our original intent of this purchase was to live in the tow...
Account Closed
Entity for investing in a mobile home park fund/LLC
I am planning to invest in a Fund (set up as an LLC) that buys mobile home parks. I would be buying "Class B Shares." I would be a Class B Member of the LLC that owns the shares (Class A members are the ones setti...
Edmund Chiang
Real Estate Strategy Risk/Reward - Need Insight
Hi Guys, need a little advice/insight on a potential power move:1) Currently just closed on a 16 unit multifamily in MA by the following method: $250,000 cash and $500,000 cash out refinance from our personal residenc...
Morgan Madill
Foreign capital used in fund deals purchased with LLC
Hey BP,I’m looking to hear other investors experiences regarding receiving foreign investor’s capital to purchase real estate investments here in the US. Have made connects with people on work visas in the US looking...
Shannon Holman
How do you structure your exit strategy in a partnership?
I'm entering into a real estate partnership with someone I've known very well for a long time. We've worked together closely on separate deals (advising and assisting on our individual properties) so we each know how...