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Greetings BP,
I'm setting up my business and I need someone to point me in the right direction for my Articles of Incorporation. My S-Corp business will include buy and hold and also developing rentals and doing real...
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Hello BP,I am owner occupying a property that I financed with an FHA loan. My 1 year residency requirement expires April 2017.I recently found a property listed as a short sale that I would owner occupy. The problem...
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Should I purchase my personal house for my family in a LLC and then rent from myself? What would be the pros and cons of this? I heard of this idea and was curious if any of you do this.
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Hi all.My parents are looking to purchase a 4 unit near their primary residence. 3 of the units are rented and one is vacant. The tenants have the right to stay until their lease ends correct? At which point rent woul...
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I need advice on my current real estate situation. My mother gave me a house she bought in 2010, and its value has increased significantly since then. My real estate attorney advised against putting my name on the tit...
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I have sold a number of rehabs via conventional financing but am new to owner financing and would like some advice. I live in Texas and am selling a single family home with a 65k list price. There is no mortgage on th...
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I am looking at buying a townhouse in NYC that is currently designated as an SRO with two rent stabilised tenants living on one of the floors and the other floor unit is vacant. The townhouse we are looking at has a C...
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A seller is interested to sell the property to me and willing to lease the same property for 3 years. The seller holds an FHA loan on the property at sub 4% interest and have 27 years left in the amortization. The sel...
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Hello BP Confused and really dazed. Wanted to know about owner financing, last year I paid cash for a property ( Pennsylvania), and re-sold it on payments, (I'm the bank). Here's the problem, I'm looking to buy(upstat...
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I am looking to ask family for a hard money loan for a property. My self employed status and 2020 tax return are making a conventional loan difficult. Is the a template document available to use as a contract? If not,...