Account Closed
Have investor pay into LLC or directly company directly?
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
Brian Bradley
Asset Protection and The Bridge Trust
There are a lot of options for asset protection, but the only true protection that offers FULL protection is by using a foreign trust. If you are purely domestic in the US with a domestic LLC and Domestic Trust, you a...
Corey G.
Revocable Trust with Rentals in Separate LLCs
Hello everyone. I own 5 properties. One personal, 4 residential rentals. I do not have my properties in LLCs yet but went to speak to a real estate attorney today who suggested that I create a revocable trust and then...
Dennis Degelmann
Buying property Subject To currently in probate
Hi all,I found a property where the owners are deceased and a $90k mortgage remains. Am I allowed to purchase this property ‘Subject To’ and take over payments, to relieve the executor of the mortgage payment burden? ...
Daniel Watts
Purchasing Duplex - Multi-member LLC Mortgage
Hey BP,I am part of a 3 member LLC that is currently under contract on a duplex we plan to buy and hold as a non owner occupied rental property. This is our first property and as we start looking at the financing opti...
Mina Zadeh
Refinance or HELOC with bad credit?
My fiancé inherited a home with his siblings. We want to refinance this home and buy out the other beneficiaries so that we can fix it first before we sell it. It needs repairs and the other beneficiaries aren’t inter...
Jose Ortiz
Want to Buy a Quitclaim Deed and Don't know settlement or closing
First off, thank you all for taking the time to help a newbie out. I have done couple of deals and all have been with a real estate attorney. This one is a little different. I would be purchasing a Quit Claim Deed (QC...
Sean Iannucci
Seller Finance Question
I am acting as a listing agent for my friend’s quadplex. He received a seller finance offer after months of no activity and he is in a position that seller finance would work for him. The buyer will personally guarant...
Frank Von Arx
BRRRR & DST's for CA Resident
I live in California and have been researching getting started owning out-of-state rental properties recently. From everything I have read I am interested in the BRRRR method, and also using a Delaware Statutory Trus...
David Corey
Holding property in a realty trust vs. an LLC?
Hi All,My partner and I are looking to get started in REI, primarily in smaller 3-4 unit multi families. We currently own one 3 unit property, and the title is held under our individual names. As we're preparing to ...