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Hi everyone. I am a new member. I currently own my own home and am interested in real estate investment as a 2nd income. Has anyone purchased land and if so, what have you done with it? Do people just hold land for a ...
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Hello!Just trying to understand something.So we have multiple LLCs for operating things such as consulting business, accounting business, and others that were created before a Holdings LLC was created. These are all s...
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Hi, my partner and I paid off our primary home. we then reified, and purchase a second home. A close family member is paying the mortgage. However, the property does not cash flow. we owe About $48K on the primary...
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My mom has one home in SC that she lives in and another home in GA in which i live inside of. she wants to get a loan from the condo in GA in which she has 150k in equity. All of the bank ive called only do helocs on ...
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Hello, I am looking to receive a home from a family member. I believe it would be considered buying subject to/assuming their mortgage. There is about $40,000 left on the mortage. There's about $40,000 in equity but t...
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I'm trying to find out if anyone has had luck finding a lender who will allow 90% LTV at a reasonable (less than 5.5%) rate on a second home/vacation home loan. My partners and I are trying to buy a house in Oak Islan...
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Good Morning,I set up my LLC a few months ago as a single member LLC, I want to change it over to Multi-Member for better protection. Does anyone know how to do this, and what should I look out for? Also, is there a c...
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I have a house that is remodeled and fully furnished. I was considering going through AirbNb but some of the members here advised against, due to the potential for damage to my (expensive) furnishings. I am also movin...
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Hello BiggerPockets community. As a new member I wanted to introduce myself, my name is Corey and I live in Oakland County Michigan I am currently an RN working in the Emergency Department. I have a hunger for real-es...
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I am going to start my first LLC for an MFR that I am going to acquire. I am trying to determine the most efficient and tax friendly way to do this. Should I make the Family Trust the sole member, should I be the so...