Matt Gooding
Form LLC or have properties on personal name?
I am buying my first rental properties very soon (4 rentals) and I am wondering on the communities opinions on whether or not I should form a LLC and hold the properties in that or if I should just hold them in my per...
Derrick Strope
5 Rentals: How would you work this deal?
I had a caller come in via some mailers I sent out the other week and this guy has a fair amount of properties, 20+ I believe he said. We had a plesant conversation discussing a huge number of things including that t...
Brenden M.
Three-unit zoned as a single family - can I finance as a SFH?
Hi, everyone. Thanks in advance for any help you may be able to offer. I believe I have found a great property to purchase as my first investment. It is one continuous building on a residential-zoned lot; however, it ...
Dulce Beltran
70% Rule: Does it Apply in Costly Markets
Hello BP community, I live and Sell Homes in San Diego CA. I stumbled upon this property, SOLD for $609,000 needed flooring, paint, kitchen and bathrooms (flipper refinished cabinets) then sold it for $709,000 two mon...
Mil Sanghvi
PROCESS AND GUIDELINES FOR FOREIGN NATIONALS INVESTING IN USA
Hi have access to and know high net worth individuals who are foreign nationals (non US citizens) that are interested in acquiring residential multifamily properties. (2-4 units or 5+ units). Most likely it will be a ...
Ibrahim Hughes
What Personal Responsibilities Do Legal Reps (i.e. Executors/Administrators) of an Estate Have?
I have the question out to my attorney but figured I'd see if I can get a general preview of his answer here. I'm curious about the following:
Can creditors keep contacting/harassing the Rep about debts owed by the ...
Guy Noel
Can I flip a House to Myself ?
My question is: If I purchase a house in my business name and rehab it, let say in 6 weeks or so. Can I then turn around and get a personal loan from the bank and sell it to my self for the appraised value? Btw Happy ...
Orren Prunty
Accessory dwelling unit zoned R2 - Will FHA count the rent
Hello All,My Washington DC experts I need your help. I am in the process of purchasing a semi-detached row home, zoned R2. There is an accessory dwelling unit, which I intend to rent out. I spoke with DCRA and have re...
Vincent Dang
Who pay Lender's Attorney Fee?
Hi,I'm in the process of closing a deal as a buyer. Part of the closing cost, the lender includes their legal fee which I believe is absurd because their attorney does not represent us and we never agreed to any of t...
Adam Drummond
Hoa changing covenants
does anyone know the legal process that an hoa has to go through in south carolina to change building restrictions. there is a subdivision that has had restrictions in place and recorded for almost 20 years. the cur...