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I recently completed the rehab on a 4-plex I bought this spring using a commercial loan and am not looking to refinance into a traditional 30 year fixed note. However, every lender I have spoken to has told me they wi...
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Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...
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Hello ALL BPrs. I'm here to brainstorm yet again and I need some advice as to how to structure a potential partnership between myself and a carpenter:Here's the story:My mom's ex husband is an extremely skilled carpen...
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When there is cloud on title (lien, encumbrance etc.) and money owed, how exactly does a quick claim deed clear title and remove these defects? I have read around a bit but I am unclear how the quick claim deed precis...
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I am looking at buying a 5 plex in a very small town. It is about 15 min in between two other towns that have a population of 4000 and 8000. They are asking 100000 for it and it gross rents equal about 2250 a month. T...
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Hello BP this is kind of a 2 part questions 1.I am digging though all the feeds and trying to wrap my head around the whole real estate investing formula. I keep coming to the conclusion that I want to invest into Res...
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What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units. Kind of silly but I always feel they keep the best deals for themselves
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Hello Bigger Pockets family,So I found a two properties that really look good and will be moving forward with them in the next week or so.I was curious to what I should have prepared on my end in terms of documents su...
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Hello BP'ers,This question is more for experience Commercial multifamily investors. Is it possible, or even preferred, to purchase or take over the existing Business Entity (LLC, Corporation, or whatever) when purchas...
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Hey everyone! I'm looking into an investment property to flip before 1978. Obviously, the threat of lead based paint is there. I havn't gotten an inspection done because I don't have an accepted offer yet, but what...