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Lease Properties or Sell Out Right
Has anyone had any luck with buying a home with outright with all cash and then selling it as a rent to own as compared to just selling it outright.
I'm trying to figure out which to do to the house.
Adam Widdicombe
Move property to LLC(Owned outright)
Hello,I have rental property that is currently in the name of a family member. They own the property out-right(No mortgage) Little back story, the person is older and we have them living with us. In kind of a trade f...
William Radford
Refinancing After Outright Purchase of a SFH
My area currently has a few foreclosures available and many have come to the market over the last year or so. I have been trying to figure out how to get into the market and purchase one of these homes that are sellin...
Alex Todd
Using HELOC to Buy Outright? Then Refi?
Total newbie here but have been reading from afar about how to leverage/extract equity from a primary residence using a HELOC and want to validate an approach/idea/though to see if I'm following this properly. If I wa...
Peter Mikhjian
Rental Business Structure - LLC vs. owning outright
Hi everyone - just bought my first rental property and I'm trying to figure out the best way to protect myself in case of any lawsuits. I've always been advised to set up the property owner to be an LLC and to have a...
Abby Barnes
Cash Out Refi on Property Owned Outright
Hey BP community! Does anyone have experience owning a house outright and then getting a mortgage on the property? I plan on using this capital to invest in another property in May of 2020. I purchased the property ou...
Anand George
Sell NYC rental property outright vs 1031
Hi everyone,This is my first post on BiggerPockets :) I am excited to join this community!I am looking for some advice on tax implications wrt selling my rental property in NYC. I own a rental in the Financial Distric...
J M
Purchasing an investment outright ~ Am I crazy???
As I'm only new to these forums and have read a good deal of the advice given here am curious to know anyones' opinion on the following idea. There are many variables to the equation and I am aware of this but its mor...
Jessica Mac
Help finding deals owned outright by owners
Hello All,The last deal I did was a huge success. Made 100k profit and split it 50/50 with my partner. I found beat up house and knocked on the door. Simple as that!They had inherited the prop and wanted out. It was ...
Randy Beadles
Learned tenant moving out right before closing
Ok, here's a strange one I'm not sure how to deal with, I'm purchasing a duplex with an existing tenant in one of the units. The seller said they have only had a verbal lease for many years (family-friend situation) a...