What does this do to the first position? Will they allow a loan assumption as the new deed owner?
I have a family member who owns property in a north jersey location, the property currently has a 99 year NNN lease arrangement to be restructured every 5 years. The tenant is a prominent bank that very rarely rents...
I am trying to restructure my rental units (2 duplexes), currently in PA. Currently, they are financed under my personal name. My goal is to set up an LLC in Wyoming (I heard this is the best state to do an LLC) and ...
Hello, and thanks for taking the time to read and hopefully answer my questions. As per the title, the building I inherited is a ~35000 square foot retail/warehouse building with railroad access on a major highway in ...
I started flipping mobile homes when I was 18. I worked in a furniture factory 12-16 hours a day in the summer and then went to the project after getting off work to work another 4 hours. It was a heck of a time, but ...
I have 3 properties with my family in Brooklyn.In one building we have 2 apartments, we live in them. In the other 2 properties we have 6 apartments in total. All three properties were bought on my uncle's name, as he...
HiWe need some advice on this strange situation. A friend owns a good cash flowing low income Multi family property in TX. This MFH property is 50+ years old and the City wants to enforce recent building codes on thi...
Hello all. I have been spending almost a year now researching the best strategies in REI. I have a pretty large sum of capital and I am looking to learn as much as I possibly can. Recently, I have been looking into No...
Hello Bigger Pockets Community. My name is Jeff Johnson and I am located in Rancho Cucamonga, CA. I have a broad sales background, however minimal real estate experience besides owning multiple personal residences o...
Need Advice on How do you read (evaluate) a tape on Mortgage Notes ?