I just bought my first property and will be closing next week. I currently have an LLC here in IL that I gave a vague name to and planned on using it to make consulting money. Now, I don't do any consulting any more a...
October 2020I have purchased a single family home in Ohio with a cash offer. The realtor who helped me in the purchasing process has recommended the title company, moreover the realtor has made a small rehab for $1,50...
I established a series LLC for my 4 rental properties with the plan to add additional properties to the series. Now I read somewhere that if my mortgage is still in my name, and not transferred to the LLC name, then i...
Hi all,I am about to move and use my current house as my first rental property. I currently have a Ginnie Mae loan and I would like to transfer title of the house to an LLC. I reached out to my loan servicer to inquir...
In the last 5 years, we've been sued in civil court 4 times for wrongful foreclosure for non-judicial foreclosures. These have all been meritless lawsuits meant to stop a foreclosure sale. In judicial foreclosure stat...
So I am looking at closing on a house at the end of the week, fsbo. The owner is not exactly trusting, wouldn't sign anything until I was happy with the property and was prepared to pay in full.
So I had a property i...
Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...
In the thread Starting Out : "Website" (https://www.biggerpockets.com/forums/12/topics/94460-website), Tom Goans issued this caution:
NOTE: Be very careful with whom you register your domain name. Read every word of ...
I have a friend who lives in the US but has a daughter in China who wants to buy US property. My question is how can she transfer funds from China to the US for the purchase of property?
Thanks in advance for your ti...
I am working on a private lender for my first property and have been talking to Warren Fergane. He said he’s from Freedom Loan Service Corp but it’s a gmail account. Just wondering if anyone has done business with him...