I'm currently considering taking action on recruiting as many private money partners as humanely possible for my RE deals and have thought up taking this route: executing Calling up a couple local financial advisors ...
My first experience on the courthouse steps was a bust. No one was there. I asked the county clerk what the deal was and she said they were held between 11-4 at the whim of the lawyer selling the property, other th...
Question to anyone with advice or past experiences. So, I have a single member LLC established. I also have a friend who is planning on partnering with me in future fix and flip deals. My question is if it would be be...
Hey all - this is a bit of a follow-up to a question I posted earlier (http://www.biggerpockets.com/forums/49/topics/120948-finance-101-how-do-i-buy-this).
I'm looking to purchase a vacation rental property t...
Hi, everyone. Question around Land Trusts and in-state Operating LLCs. When an in-state LLC is the beneficiary of a Land Trust, you have a legal entity that is recognized by the State (ie. the LLC) that can take act...
Hello Bigger pockets friends,
My father passed away recently. He was very sick I didn't get to ask him If I could fully own his home and passed before I could. It's worth about 350k/400k I own about 15percent of it b...
I am wondering if I can use 1031 exchange funds to buy a partner out of an existing investment property. Specifically, my brother and I are beneficiaries of a trust. The only asset in the trust is 1/3 ownership of a c...
I've had a a property fall on my lap that is in probate. The gentleman's brother died and inherited his property. The property is currently in probate for 4 months. Can I take possession of this property during the pr...
I found a house that is under distress. Owners owe 15k in back taxes and the house needs a little work. The current owner is the trustee as the former owner (her mother) passed away. A neighbor told me that he wanted ...
I'm working with a bank that will not allow me to assign a contract on an reo but they will allow me to buy using land trust or llc.
I have very little experience structuring a deal this way but:
will using a land t...