Kris L.
LLC question: Advantage to multiple shareholders
Does an LLC offer more legal protection if there is more than 1 owner? Like if I gave my brother a 0.01% share does that do anything to help or hurt things? I could see it might compromise pass through tax status, b...
Account Closed
Seller Returned Security Deposits before Closing
Our closing is scheduled this week for a multi-family purchase, and we just found out that the seller returned the security deposits to the current tenants. We are inheriting the tenants in this purchase.What recourse...
Jim Chung
partnership
hi everyone. need some advice. Im in process of purchasing 2 properties with new partner. i am putting 60%-70% down of the downpayment.. we are applying for convention loan and is going under my partner's name only. ...
Katie Acree
How to finance my first flip?
I am looking to purchase a house with ARV of $75,000 for $50,000, and we expect to spend $5,000 on repairs. I have $25 cash saved up. If I put $15,000 down, I only need to borrow $35,000. I have excellent credit an...
Michael Cortez
BEST LINE OF CREDIT OPTION FOR AN LLC?
Hello, I have a potential seller finance deal in Florida. I'm looking to close in an LLC. Can someone tell me what my best option for a line of credit would be? I need 25 to 30K for downpayment and replacing an hvac. ...
Account Closed
Buying and Selling on Terms in Columbus Ohio
Hi everyone, what's your thoughts/opinions concerning buying and selling on terms in the Columbus, Ohio area? Thanks for your time, Matt
Arcinio Arauz
Successor trustee question
Can a successor trustee renounce/relinquish his or her rights as the successor trustee?What needs to done when someone (the successor) says "I don't want nothing to do with the house" that's held in a trust. Can someo...
Drew Lubsey
Probate Financing Help in Milwaukee!
Hello. Bigger Pockets NationI am in the beginning stages of acquiring a small commercial office building in probate (that is currently occupied by a family medical practice tenant). the building was recently apprais...
Damon L. Davis
Creative Financing Ideas For A Pending Foreclosure
My Nanny's 3/2 SFH in a MD suburb is about to be foreclosed on. I'm mindful of the fact that they're struggling financially so it might not work out to buy their home and let them rent it back. I certainly wouldn't pu...
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Redemption intrusion
When I was going through forclosure{assessment lien}redemption, an
outside investor(not a junior creditor}had a lender place a mortgage
against my property. I already had a mortgage on it. This investor had absolutel...