I purchased a condo 2 years ago for 50K. My daugter has been living there ever since (so 2 year residency requirement has been met)Now the property is worth about 70K. I would like to transfer the title to my daughter...
I’m wanting to move my properties into an LLC, but my properties still have mortgages with banks. What is the worlds advice on moving them over legally? Does everyone actually wait until the mortgage is paid off?
Looking to start BRRRRing, but after speaking with several local lenders in Alabama about refinancing properties held in LLC, it appears that most only provide adjustable loans with 15-20 years terms. These terms in a...
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
When wholesaling using Land Trust, there are are two forms that you use
1) Trust Agreement
2) Assignment of Beneficial Interest.
At closing when you are assigning the beneficial interest, is there...
Investment Info:
Single-family residence other investment in Fayetteville.
Purchase price: $1,800
Cash invested: $1,800
This beautiful is valued at $170,000. I was able to acquire this property throu...
So I have a few rentals already but like everyone else I am looking to expand my portfolio. I have talked to a few private and hard money lenders and came up with an idea i would like to try. I have a discover card wi...
I am interested in finding one bank in Baltimore that I want to partner with. With so many options, I would like to know your opinions. Below are my criteria.1. Allowing me to put in less than 20%.2. Not selling my lo...
Hello, What is your favorite method of payment online for rent as a landlord? I was looking into rentpayment.com or yapstone.com for my units in Montreal but they only seem to work in the US. @Olivier LePage @Guillaum...
I am wanting to transfer my 401k to a self directed 401k. I am having issue finding a CPA who is well versed in all the nuances involved in this. Any BP members who know of a Central Florida CPA who is a pro at real e...