Jay Bacchus
Refinance LLC Title + Quit Claim deed
Hi there - new to BP but long time lurker. I've been running thru this scenario for a while with my lawyer & CPA, but want to see if there are any real life experiences to also lean on.I have split interest with 2...
Charlie Koonce
Understanding pricing on a tax sale property
I have found a property online that was foreclosed on because of unpaid taxes. The online price is $13000+, but when I looked up the in-arrears taxes owed, this was about $23,000. I will go to the tax office when th...
Carly Grunwald
Multiple Properties on One Deed
Hi BP Brain Trust :)My husband and I own 8 SFR in various states & counties. We are in the process of transferring these properties into a trust. One of Title Lawyers in Texas asked if we wanted to put multiple ...
Kerry Malarkey
Death of partner in residential rental
I and my step-mother are partners in one residential rental property 50/50. I and my two sisters will inherit the rental. My step-brother will inherit her primary residence. My stepmother died Dec 25th 2023 (96 y...
Wylie Freeman
Best way to get around short term capital gains
I have a client that sold his land and would like to use his 1031 exchange to buy his mothers land. She bought it less than a year ago in September. Is there a way we can work around her paying capital gains?
Jerry Poon
Portfolio Loan vs. Mortgage on Investment Properties
I have the impression that portfolio lenders give loans based on the performance of the properties. While I was speaking with my personal bank, they said they could offer better rates in the form of a traditional mort...
DaVina Williams
Best Rehab Financing Strategy
Acquired my 1st Investment Prop. It needs some work & I’m trying to choose the best financing strategy. Hard money? Small Business loan? It is held by my LLC so I’ve been told that a HELOC is not an option as i...
Nick Dunbar
Partnership BRRR problem
How do you BRRR refinance a property bought in your name and transferred to a 50/50 equity partnership (no due on sale clause. Transfer was approved in writing)?We didn’t do this the ideal way. Purchased conventiona...
Phuong Dinh
IRC SECTION 408 IRA Mutual FUNDs
HelloCan someone help explain the process of using IRC Section 408 to buy investment property. I have some money in my mutual fund with Vanguard that i want to use for a down payment on a rental.any suggestion would b...
Alan Pickering
Umbrella Insurance in CA
Do you have to have different umbrella insurance policies for different categories? Or is there an insurance company that will do one umbrella and cover it all?
For example:
I have one umbrella for my h...