Sanjay Patel
Foreclosing on a LLC borrower who has filed for bankruptcy?
The scenario is the following:as a private lender, I have a 1st lien on a property (in washington dc) to a borrower who is an LLC - and unable to make payments. I am going thru the non-judicial foreclosure process to...
Rafael Floresta
Pricing repair of a flooded crawlspace
I am looking into buying a house that has a flooded crawlspace. It is a good price, so I'm trying to find out how much it would cost to fix it. I have never done anything like it and I don't even know what trade to ca...
Savannah Walbert
New Investors Interested in Tampa FL Market
Hello! My fiancée and I recently made our first post here and after gaining some great advice we have refined our goals and our now looking for more specific guidance. We are aspiring investors looking to start our re...
Matthew T.
Limiting Tax liability as a flipping company
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
Matt Hew
Canadian thinking about Ohio
Hey everyone, I currently live in Toronto but I am interested in real estate investing in Ohio, and I was hoping to get some help. I am in the early stages so I don’t have anything set up yet. My current goal is to ge...
Ash Patel
Failing lease with personal guarantee
One year ago, I purchased a property for $550k and signed a tenant to a 10 year lease. The proprietor was a coffee shop/bookstore that was operating down the street. They wanted to expand as well as offer food and a...
Aaron Bashore
Rent to Own question
Hello Everyone,I own five single family homes in Toledo, OH. I just bought one house (3601 Dean) and the new tenant really wants to do a rent to own deal. I am interested in this idea because I think it could cut down...
Tony Jarusook
Fixed rate equity loan vs HELOC
Wanting to put a down payment on a flip using either fixed rate equity loan or HELOC. Which is a better choice?
David B.
Would you buy a rental with a foundation like this?
Hi BP Community,I'm looking at buying a house that I would like to use as a rental. On the upside, the price is right for it to cash flow nicely, and it's only 5 minutes from where I live. On the downside, it's 100 ye...
Jeremy Benezra
Seller hid a defect, what should I do?
TL;DR – I bought a house and the seller hid a defect, do I have legal standing to ask the seller for help with the repair costs?Full story – I purchased a house in March as my new primary residence. I am a licensed g...