Dan Burrows
How do you buy the note for the second or short the second on an upside down property?
We have a house that we owe $235K on the first and another $85K on the second. The house is on a penninsula that is reclaimed phosphate mine in the middle of a lake. Most of the home owners on the penninsula have file...
Kat Hughes
Asset Protection - Proprietary Irrevocable Spendthrift Trust
Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
Brittany DeWitt
AirBNB Side Hussle
Hey all! My boyfriend and I bought our first investment property (an owner occupied duplex) about 2 years ago. We spent a lot of money in the first two years bringing it up to date some and cleaning it up. Now we'r...
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
Hey BiggerPockets Community,
If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think th...
Myles Ellison
NYC Newbie Seeking Wisdom on 1st Out-of-State Investment Property
Hello,I’m Myles, age 30, living in Queens, NY, and working as a real estate agent here, focusing in rentals for the past 6 years.I’m writing because my 2-5 year plan is to buy a multifam in another market. I can’t aff...
Oliver Sparks
Financing KC-area rural land for personal use?
There is a rural property in the Kansas City area that I have an interest in wanting to buy, and I’d like to pick you all’s creative minds to help find a way obtain it with the lowest risk possible. There is an ~80 a...
Syed Lateef
Chicago real estate prices too high?
All,I wanted to get peoples opinion on real estate values in Chicago being to high and it might not be the best time to enter the market to purchase my first investment property.I see prices close to pre real estate b...
Noah McPherson
How to manage BRRRR financing the right way
Hey BP!So let me get this straight. The HMLs I've been talking to on the phone offer me loans for a 12 month period. I plan to do a lot of the rehab on my BRRRR, so let's say it takes me 6 months to get it rehabbed an...
Account Closed
1st position HELOC in Manhattan (primary residence)
I'm in the early stages of my apartment buying journey and I hear a lot of talk about getting HELOCs for investment properties but very little for people looking to get a HELOC instead of a trad loan on a primary resi...
Chris Lucas
LLC versus no LLC, Mortgages with LLCs, etc.
Hi, everyone!First post alert!I am looking to do my first two deals simultaneously (one 4-plex, one duplex, same town) and would like some advice on a few items. Ultimately, I will be talking with a CPA to discuss str...