Hello, I have a good friend who just moved out of a duplex house that he lived in for 5 years. He wants to rent it out and I approached him about me buying into the property with him to form a 50/50 partnership. The i...
Person A + B want to partner on an investment property. Person A will take out the loan in his name, while Person B is not on the loan. However, Person B agrees to manage the property until ~year 3, when person A + ...
My name is Alexis and I'm a 24 year old living in Indiana. I am new to Bigger Pockets but excited to be entering the world of real estate investing!
I have some financial goals I want to achieve first before I sta...
Hi. Unfortunately, 9 days before closing my lender tells me that I cannot close a conventional loan in an LLC. To transfer the house back in my name in 7k. Is there anything I can do to decrease this amount? Of course...
Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...
I am having some problems with the BRRR strategy, particularly with having my first property in the name of a LLC.It seems that the banks in my area won't (can't?) refinance the property unless it is under my personal...
I've been looking to invest in upstate NY in areas such as Rhinebeck, Catskill, Hudson, Newburgh, Saugerties, and Kerhonkson. I know Woodstock and Olivebridge are very restrictive but am wondering which towns don't ha...
Hello BiggerPockets Family,
Myself and 3 buddies recently purchased a duplex in Cheyenne, Wyoming as a buy-and-hold investment.
The property is currently owned by us 4 personally.
We would like to transfer the own...
I have my first deal under contract. will close in the next week or two as soon as the title company is done with their work. I have a pre existing commercial line of credit set up that makes me the equivalent of a ca...
I am preparing to purchase my first rental property and have a question for the community. Asking the same to my accountant and will post his answer as well.
Should I:
1) Purchase in my name using a personal bank loa...