I have my Colorado Real estate license and mortgage loan originators. Since splitting real estate commissions with buyer through rebate is legal and being dual agency (Representing a client as a buyer and lender on a ...
How is it that a multiple member LLC is identified as having more than one member in any court proceeding?
My question stems from the protection aspect of multiple member LLCs potentially shielding the corporate vail...
Hi BP Community,I've found a property for an investor In East Williamsburg, its a 6 unit and C-2 zoned. The taxes are incredibly high for this type of commercial property and I was hoping somebody might have some advi...
I have had a FNMA property under contract a few weeks now and was to close on it tomorrow after a few minor delays. I just got a phone call fom my bank telling me I could not borrow as much as I need according to an a...
Edit: The title should have been "Lease California Condo or Sell and 1031 into OOS Multifamily?"I have a condominium I bought about 5 years ago for $60,000 that I can sell today and walk away with about $100,000 after...
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
Hi BP family!My current way of identifying property is the following:1) Receive a notification from Redfin (for the houses that match my criteria) with a new house or a price change.2) Go to AirDNA to analyze (Short t...
Hey everyone,I'm a new investor looking to buy a property in Maryland (Goal is to have property #1 by the end of 2019). I need some help in identifying good markets in Maryland. My real estate agent keeps pushing the ...
I've never done a 1031 exchange before and have a couple basic questions. FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...
Greetings Gentle Readers!Important Disclosure: I am not a real estate attorney and I only offer my anecdotal and my 30+ years' work experience in the informational blogs I write. Should any legal question arise from y...