Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Alec Hilliard
1st Lien HELOC On Investment Properties?
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
Peter Seely
LLC or just Good insurance
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
James McGovern
Are Real Estate Agents Clueless on how to work with Investors?
On numerous occasions, clueless real estate agents want to put me on automation where they send me searches from the MLS. They seem to be focused on morphing this into a buyer/broker arrangement.I continue to scratch ...
Pavel Sakurets
People that completed at least 20 wholesales, do you double close or you do an assigment of the contract?
What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?I typically do double closing (and pay extra closing fees $500-$1000) for double closing (...
Sam Dorgalli
I want working with investors to be my niche
I have been an agent for 9 months and have been networking and trying to close my first deal with home buyers and sellers but I don't really feel it and I really am more interested working with investors instead. I am...
Salvador Hernandez Jr
Getting into the wholesale game
Hello everyone! I am new to real estate and I figured that wholesale would be the best strategy for me to learn for my current situation. I currently do not have any savings for down payment or the credit to apply for...
Account Closed
Seller Fiancing as a retirement strategy
Quite often I hear people talk of seller financing as more of a last ditch resort when disposing of property that one might not be able to sell any other way. I'm sure that many of you have come across these kind of ...
Peter Lambert
Real Estate Note - Borrower constantly late, ideas?
Hi everyone - first post here after visiting and reading the forum for several years. Looking for advice on a deal I'm already in on. I'll try to be as concise as possible.
Loan is in the State of Texas. 1...
Josh Stack
A "Hall Analysis" of Gastonia as a Market for Buy&Hold Rentals
Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...