HI everyone, I'm beginning a 1031 exchange and selling our condo in CA to diversify into multiple midwest markers. If you have done a 1031, closing on multiple properties at the same time, what is the single most impo...
I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Knoxville.
Purchase price: $155,000
Cash invested: $36,000
Our first foray into multi family investing. This was a turnkey...
I have established a holding LLC that I am the owner of, and a subsidiary LLC that is wholly owned by the holding LLC. The subsidiary LLC is registered in NC where it is about to buy a property (cash) that will be a l...
It's the 1st quarter and as I've stated in a prior post, I'm doing my research, building my game plan etc. I am starting to actually write down my business plan draft(s) that I will be refining over time. One of the t...
Is it difficult to close a wholesale deal when the new buyer is using a loan and how do i handle a situation like that? please help!
Hi all, I'm looking for advice regarding my specific situation. I've searched many posts but couldn't find any specific relevant to my unique situation, so please bare with me. 1. I'm currently a CA resident W2 earne...
We have a deal on the table. The BPO came out two weeks ago and we are awaiting if they will accept our offer. We'd like to change the LLC that we are purchasing the deal with because we closed a few properties with...
I am starting to rehab a house in the coming weeks. Looking to connect with insurance agents and get some quotes. Open to a multi-property quote as well (2 other homes that are rentals currently).
Hey BP,I am looking into structuring JV deals. I am able to qualify for conventional financing 80 LTV and have a partner wanting to put 50% down payment to do the reno with me and make a profit.I would be keeping the ...