What does it mean if I am the LLC owner " own the mortgage under personal name and the property deed under LLC"?? How will the bank agree to use the personal mortgage on the LLC property?I want to own a LLC and have ...
Hi I have a question about 1031 exchange. I am an part owner of LLC the owns a commercial property. My partner who is majority owner wants to sell the property and buy another one. But he wants to be 100% owner of ...
Greetings EVERYONE! I have been on BiggerPockets.com now for about a week and within that week I already upgraded to Pro. There is so much knowledge within this community. Following the advice I already have received...
Hi everyone. I just moved to south Florida a few months ago and I have been exploring PBC trying to determine what the good areas are. I am curious to get community feedback about what areas are good for flips. What I...
If you sell a mobile home on a note, let's say you have $3k in the property and you collect $1k down and a not for $6,500, sales price is $7.500, do you pay the complete sales tax immediately or wait till the note is ...
Hello BP,
I have been a little sporadic in participating with BP. I am down to the wire, for starting my business. The set in stone date is in 117 days and there is no going back. So I have to start taking decisive ...
I apologize if this is going to be a long post.
We currently were brought a wholesale deal for 7 apartments (80 units) in Elizabethton, TN. To start off with here are some numbers:
Purchase price: $2.2 million
Es...
I’m getting ready to launch my property management business. As an investor I want to be in the apartment investment space. As a property manager I know single family homes are less of a stressor. With that being said...
The mailing formula is not effective as far as im concerned so Im trying to take a new approach however, I dont no what to say to these guys besides would yo be interested in selling your house.
Does anyone have a wi...
Hello smart people, my name is Indra and I have been wanting to get into real estate for few years now. I own a two units house that gives me a consistent and beautiful cash flow. Im having difficulty finding financin...