Nancy Mills
Selling house and holding mortgage for LLC buyer
Hi, I am selling a property and willing to hold mortgage. The buyer is an LLC. Are there any potential pitfalls to selling to an LLC? Anything I should be aware of before doing the contract? Thank you!
Robert Collins
So I'm ready to make a offer on 2 properties what's next ?
ok so here is where im at, i went to look at 7 properties today in Columbus Ga. out of the 7 i found 2 that i like as far as the neightborhood, the actual homes, i got to get out and meet the neightbors that have been...
James Chung
New Pro Member - Bergen County NJ
Hi BP!My name is James Chung. I live in Bergen County, NJ where I've lived all my life. I am the head of a single-income household of 4, and after accidentally discovering BiggerPockets and Robert Kiyosaki, I've decid...
Mitch Price
The Best Way to Fund Some Rehab Work I Want Done
Hello there, I am considering different ways to fund the rest of the rehab work I need done on a duplex I purchased earlier this year.The Facts:- Its not a major rehab. I want to give the side I'm occupying somewhat o...
Chris James
Sort of a newbie looking for advice
A little background. I have a full time job that provides me with a good positive cash flow. I currently own and live in a multi-family unit in the New York metropolitan area. I pretty much bought it at the top and al...
Kyle Witham
Starting out should you start an LLC?
I am wanting to get into real estate investing. I want to get rentals of any style multi-family single family maybe even commercial. Before I jump in I am doing research and trying to educate myself as best I can. My ...
Ben Landis
Renting a bedroom problem
I couldn't find the information I was looking for so I figured someone here has to know! I have a friend who is renting a bedroom in San Jose, CA. Her landlord lives in the rest of the house. She wants to get a new lo...
Douglas Peterson
Best loan structure
If you could borrow 50k for 5 years at 8% simple interest with monthly payments or 50k and 9% compounded annual interest, with no payments until one lump sum at the end of 5 years, which option would you choose and why?
John Balan
Partnering with contractor - how to structure?
Hi all,I’m looking to get started in REI and have a good friend who is a GC who has experience in flips and new construction. He had some personal stuff he went through that put him in a position where he doesn’t hav...
Marisa Alvarez
Umbrella ☂ Policies 🥺 (????)
I have a Corporation with rentals and a Liability Insurance for it.Then I have an i surance for my car and another for my home and an Umbrella ☂ policy that covers those. The purpose with this one is that if I got sue...