Gina Woolfolk
Prospective tenants wish to put 2 LLCs as Tenant on office lease
A prospective tenant is a photography studio with two photographers. Each has formed an LLC, and they would like the lease to name both LLCs as "Tenant." I will be getting a personal guarantee naming both persons. Is ...
Rick McGeeney
Can a newbie with recent bankruptcy to get started in REI?
Can a newbie with a recent bankruptcy and no money get started in REI? How does he/she get started? How do you find financing for your first deal? Lost a deal that could have been $2000+ a month in income, but coul...
George Dean
Don Konipol
I thought this needed its own post:
Don said in a post...: thanks Don for your expert input on BP.
"The notes secured by owner occupied property have many strings attached, laws, regulations, etc. most far reaching...
Jae Morenike
How to navigate purchasing property from a dissolved LLC or INC
Hey BiggerPockets Family :-)I ran across a property that is owned by a dissolved Corporation in Atlanta with back taxes and the CEO has passed away based on my research of the members on the corporation. However the ...
Matt Pfefferlen
Foreclosure / BK Automatic Stay
I am interested in buying a foreclosure at auction which has been postponed a few days due to BK. The homeowner has a case open still, but the automatic stay was lifted on a motion by the bank. Additionally, the ho...
Daniel Mawyin
Qualifying for a 1st time buyer loan
Hi BP forums,I am very new to REI. I am interested in purchasing a multifamily home in Los Angeles CA or surrounding areas. The idea is to occupy one unit and rent the other units out. I have never purchased a home an...
Jeff Sheraton
Tenant Requirments
I am working on putting together a more formal tenant requirements list. We mainly do low income rentals, average rent is around $800. Looking for comments on what I have so far and what has worked well for you.Here...
Helen Zhang
Auction.com Trustee Sale: First Timer Horror Story-List
I am in the process of purchasing my first trustee sale. (This isn't my first property, but it is my first trustee sale). The property is located in Dallas, Texas. I have won the auction, signed the contract, and wire...
Randy E.
Commercial Loan Expectations
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Stephanie Cristiano
Realty shares announcement
Any speculation how yesterday's Realty Shares announcement will impact performance of current investments? (They have run out of cash to pre-fund deals, are no longer offering new investments, and are laying off staff...