Jonathan Jenkins
Creative House hacking
Hey guys, I just recently had a mortgage broker check how much I qualify for in mortgage payments, and I qualify to make payments on a single family home. I'm stuck between either splitting the house down the middle a...
TJ Woolum
Owner Draw - Corporate Veil
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Adam Walter
Buying first land contract through Paperstac
Hi Everyone,I'm in the process of buying my first Land Contract through Paperstac and had a few questions. The property is in Ohio, and I have a house a block away and drove by the property yesterday. Everything loo...
Keaton English
Delaware Statutory Trust and Tenant in common
Hello, I am a real estate agent in San Diego, I help a lot of investors with 1031's and it was recently brought to my attention that DST's and TIC's qualify for 1031 exchanges and I was curious to see if anyone had an...
John Tiberia
Fair Housing Question
Hi everyone. I have a question that I was hoping the BP community could help with regarding fair housing. If I have two applications that potential tenants have submitted to lease a space, and the only difference is...
Luis Ramirez
Seeking Advice: House Hacking with Airbnb and Second Mortgages
Hi BiggerPockets Community,
I’m exploring house hacking using Airbnb as part of my real estate strategy, and I’ve come across a challenge I’m hoping you can help me with. I recently learned that income earned through...
Marchaina Williams
Returning
I AM RETURNINING MEMBER LOCATED IN THE BOSTON AREA I WOULD LIKE TO BE OF SERVICE TO CASH INVESTORS LOOKING FOR OFF MKT DEALS
Account Closed
Assumable Loan Experiences
I'm wondering if those of you who have formally assumed a loan in the last 10 years could share your experiences. Was there an application, what was the qualifying process. If you were denied, what were the reaso...
Gregory Childs
note purchase commitment letter
I noticed a phrase in another posting "A quote and note purchase commitment letter can be issued prior to closing so that you will know how much cash you can expect to receive at closing"
If I hold a 9% note for $75k...
Tom Beck
Transferring Ownership of New York LLC's to Wyoming LLC's
I own New York LLC's which hold property in New York. I recently opened a Wyoming LLC to function as a holding LLC which will own the New York LLC's. Do I need to file any ownership transfer forms with either New York...