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Hi I have a few family members from out of country the would like to lend me money for my real estate venture .They are not US citizen, they don't have a us bank account and not planing on coming here any time soon.Wh...
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I've been lurking on the forums for a little while now, and I can finally say that I am in contract for a duplex property in Ohio!I have been looking to find a way to transfer a current tenant's lease into my name wit...
Property I bought at FC auction in NC has a tenant who leased it through a property management company. As per NC laws, tenants in a FC situation has certain rights and they may stay in the property at least 1 year af...
Hi, I bought my first commercial NNN property in South Carolina in 2023. My husband and I own purchased with 2 friends. The 2 friends did not want to create an LLC with all 3 partners prior to purchasing because they ...
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Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...
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I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
So I'm going through escrow right now and realized I'm pretty sure I'm overpaying for the closing costs. I'm being charged $9,071 and through research, it says that it's usually $3.5-7.5k. The house was $90k. Is this ...
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I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.
I am considering to move the houses to an LLC 100% owned by me. But I don't think the borrower...
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Hello everyone! I just got started in the real estate game. I live in Charlotte, NC. I would like to make an offer on a property and/or house hack soon. I currently have my personal bank account with BB&T. But I b...
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Hey all,My partners and I are in the midst of a 4-week flip on a BRRRR Property in Texas. We purchased the property in cash and are looking for a cash-out refinance. Since this is a partnership, we are performing t...