Harris Harris
Title Issues causing Nightmare
I bought a house in Austin, TX in July with full cash and spent about $60K renovating the property. I have a buyer for this property, and we are scheduled to close next month. My title company alerted me that the pape...
Mary Jay
LLC,transfering title, due on sale clause,+ making it all legit
Hi guys, I have a question for you...Ive been trying to transfer my 2 houses into 2 LLCs but really worried about due on sale clause. (If the bank finds out I transferred a house into an LLC the bank can make me pay a...
Douglas Underwood
Attorney vs Online Company to Form a LLC
I have two rental houses in Washington state that I’m ready to finally shield from my personal assets through the formation of a LLC. A local attorney I spoke with is quoting me $2000 for the formation and the transf...
Luis Caracosa
Subject-to creative finance
Hello BP mentors, is there anyone who can guide me on Subject-to sale?Background: we acquired a property Dec 2021 using the subject-to strategy. We created a contract for deed when we first acquired the property but n...
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. This will be my first rental. Should I set up a land trust then put the beneficiary as an LL...
Toby Coons
First job out of college. Start IRA or save up for first RE deal?
Hey everyone,My name is Toby and, as the title states, I am currently starting my first job out of college. My question revolves around peoples' opinions on how to best prepare myself to invest in income producing pro...
Tim Lindstrom
Self directed IRA to help girlfriend
I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
Catherine Morel
Holding, Buying, & Selling Cost
Good Morning BP! Holding, Buying and Selling cost do they vary by state or by property price ? What are usually the estimated cost for these? Thanks !
Eric Johnson
Weird Wholesale Question
I just received a weird request from one of my sellers. My seller is currently receiving Medicare. I just received a call from one of my buyers who's willing to buy the house. However, my seller asked if the purcha...
Steeve Breton
New IRS Regulations on IRAs
Just received a newsletter from my estate planning firm with the following info. First time I hear of this. If true, this has substantial impact on how we work with our IRAs and something to consider when nudging...