Zach Henning
New Investor and resources
Hello Everyone!
My name is Zach Henning, and my family and I live in South Korea. We are looking at heading back to the states (I'm American, and my wife is Korean) in 1 1/2-2 years. In the last 6 months, I have di...
Aaron K.
Explain how cash-out financing or HELOC will help me grow.
Let's say I own $1M in real estate, 100% equity (I don't, but round numbers are easier). I want to either HELOC or cash-out finance in order to purchase more rental property. Can you just read my line of thinking ...
Sammie Baker
Put Investment Home Under Our LLC?
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...
Jan Paikin
Lease to own, “subletting” a STR
Hi team Pockets,We are in early discussion with a Seller to do a lease-to-own Seller Financed deal on their 3-unit property. They want to stay in their unit for 5 years and we are ok with that. From a business forma...
Patrick Forelli
Creative finance, subject to
Hello BP community,I'm looking to place an offer on a home, and I think "subject to" could be a useful strategy. The housing price is listed at 300 k.The house was originally bought with a VA loan a year and a half ag...
Alain R.
Forming My Property Management LLC for liability and asset protection.
I own under my name over a dozen rental properties (with loans) in Florida which I effectively manage from Europe without an issue. While I have HO6 insurance on them, I am considering creating a My Property Managemen...
Amir Navabpour
Any reason to not recast loans?
Some of my rentals loans have about 20 percent of the debt paid off. Given that we may be going into turbulent economic and times, and I work in an industry going through a downturn I figure now is a good time to imp...
Jeffrey Cerra
Converting Your Vacation Home into a Fractional Residence
With today’s inconsistent and sometimes stagnant real estate market the priorities of both homeowners and sellers has changed a great deal. In today’s market it is difficult for home owners to sell their home for...
Arty Fresh
Cashing out early on life insurance ?
I am not sure if I read it here on BP or somewhere else but I remember reading somewhere that people would get life Insurance and wait 1-2 years and then cash out $250-500k in one shot.Anyone heard anything about this
John Stanley
Taxes when crowdfunding vs. individual purchasing
When someone invests in a crowdfunding platform (like Crowdstreet), is this considered a real estate purchase or is it something like shares in a company? I think I read that they will issue you a K1 statement so I'm ...