Hi BP,
Unique situation I suppose but I have a very close friend that went through a difficult time when the market crashed. I don't want to get into specifics but he has plenty of cash. We are very close friends/bu...
I'm currently managing a commercial (15-unit residential) building in the Bronx, NY that is held under an LLC by a 100% sole-member.The member is looking to fully transfer the corp. stake to a family member, making th...
I have heard horror stories about this happening in 08. I am just wondering does it happen often now? When you try to put personal holdings into an LLC or land trust.Thanks in advance.
So I have a somewhat unique situation. I was gifted a home from my mother. It was her primary residence. She gifted to me at which point it was then my personal residence, I did a partial cash out refi but now am sell...
My parents are both retired. They recently signed a P&S offering cash for the house across the street from my sister with a 3 week closing (fast!). To come up with the cash that quickly they have to pull money out...
Hello BP, I have a headache from trying to figure this out. So last year mid summer I sold one of my town homes, it was fully paid off so I ended up getting some cash around 95k. The money sat in my bank for a while (...
A family member pays rent on my investment property and wants to pay off the rest of the mortgage via a personal loan. Theyre not on the loan or title. Is this possibile?
Recently, my aunt did a quitclaim deed to my name. She owns half the property along with a partner she had. My name is currently on the deed instead of hers and her partner has offered $15000 to buy my half out. Will ...
Hi Everyone, my sister and her long time boyfriend recently moved to NC and are purchasing their first home. She is qualified for the loan by herself and he is currently in the process of changing jobs so is currentl...
If a generous parent wanted to help out with a first property, can/should they co-sign the mortgage? Or if it is down payment help, is there a particular way banks like to encounter that? Does it need to be seasoned, ...