Jose Botello
Duplex for sale with one side occupied
My wife and I are tossing around the idea of selling our current home and buying a duplex, moving into the vacant side so we can purchase with less money down and begin our investment journey.
here are the details:Sa...
William Downey
Managing / Organizing Finances for Flipping Business
Hi All,
I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.
Generally I'm wondering what account types I should have,...
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liability issues!!
Just went under contract with my first single family 5 BR row. I have some liability questions that I am really concerned about. Yes, I should have taken care of these issues before hand, but with this being an esta...
Chris Pohlson
Turning your primary residence into a rental
Does anyone have any advice on how to turn their primary residence into a rental when upgrading to a new home? I want to keep my first house as a rental but transfer the title to an LLC. I understand that will activ...
Tim Haenn
401K Loan vs Personal IRA
I am in the early stages on evaluating some investment properties. I am currently a homeowner and this would not be an owner occupied home therefore I expect to put 20% down. To fund the 20% I'm considering all option...
Max McQueen
Investing LLC Bank Account
Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
Gannon Nikolich
Can I assume a VA loan after my grandfather passed away?
Hello everyone,My grandfather passed away about 3 years ago and my parents took over his triplex that has a VA loan on it. My parents names are also on the title from when he bought it, but the mortgage only has my gr...
David Grado
Changing lenders 2 weeks before closing?
I decided to go with my agent's "recommended" lender and didn't think anything of it as the numbers seemed within reason. I get an email about 1 week ago (3 weeks from closing) from a large bank asking if I needed a q...
Tim Youse
Are these closing costs high? Need opinions - Baltimore, MD
I'm looking to purchase my first deal in Baltimore, MD and have found a decent deal on a 3 bedroom for 79k that needs little work. The property should cashflow about $340/mo using property management and about $460/mo...
Bruce M.
Will the IRS negotiate
I've heard many real estate gurus say that the IRS will negotiate a lien on a property as long as you have been transferred ownership to that property. The example they give usually is that somebody has no equity and ...