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Results (10000)
Account Closed 1st Deal prebigger pockets nightmare
15 October 2017 | 9 replies

 Bare with me I am very new to this community. So before I found bigger pocket i entered into a deal with a friend.  His credit would not allow him to get financing so I cosigned for a 25% position in the property.  B...

Josh Walker 1031 Exchange Question
13 March 2018 | 4 replies

I am looking for advice and ideas from those with experience with 1031 exchanges. I have a family member in the process of selling their business and was recently advised to consider a 1031 exchange for the portion of...

Chirag Shah Joint Venture Tips For Newbie
24 April 2018 | 3 replies

Hey all,I'm considering a Joint Venture (JV) for my next property, and wanted to get your thoughts on:Pros/Cons'Gotchyas' to look out for when creating, executingGeneral steps to createGeneral anecdotesThank you every...

Chad Jarrah Does Homeowner's Insurance Ever Accompany a Property Purchse?
1 May 2015 | 10 replies

Hey BP'ers! Has anybody ever heard this or come across this? Can a property ever be purchased and the homeowner's policy goes with it. More along the lines of a claim made? Ex: If there was water or fire damage and yo...

Bryan Beal 1031 Exchange ----> Reinvesting in LLC
28 February 2019 | 8 replies

Say someone wants to sell off some SFR properties they currently own (individually) and take the proceeds as a 1031 Exchange and invest into a LLC that is going to invest in single family real estate. Under what circ...

Troy Welch Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
20 November 2024 | 2 replies

I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...

Austin Hughes $100K equity deal...tiny glitch
11 April 2016 | 18 replies

I've come across a highly motivated seller, who has a very nice duplex with $100K in equity right now. Needs no repairs, is in a great location, and is a killer deal.The seller owes back taxes, and those can be paid o...

Andrew Sol Syndication Sponsor Shenanigans
22 February 2019 | 16 replies

My Dad is currently invested in a few syndicated multifamily deals, and one of them is stabilized and ready to market. Instead of selling it, the sponsor has decided to "recapitalize the property with new equity and d...

Joel Florian How can I get funding to buy property and start a coffee shop?
1 April 2021 | 0 replies

I want to borrow about $450k for a business that should cash flow about $30k/m.  I just moved to a home near a busy street.   A piece of commercial property is listed for $500,000 which seems perfect for a drive-throu...

Brad Orenstein Home Loan and deed in Personal Names, using LLC to run rental pro
11 June 2022 | 1 reply

In Pennsylvania, We have an LLC with three partners.  The property is a triplex and was purchased using non commercial mortgage so it is in one of the partners wife, and the other partner and his wife.  Third partner ...