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Can anyone give me a high-level overview of how buying from FSBO would work ? I remember my parents selling a home to another family years ago, off market using only using lawyers. is that how its done?? Who typically...
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I am putting together a friends and family deal on an multi-family property and was considering the following structure.
My LLC essentially sells a number of loans for "X" dollars to fund the renovations and down pay...
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Hello,
I am closing on a home in Panama City Beach, Fl. I have 2 partners that are putting in money toward all the expenses involved in purchase and startup of this property as a short-term rental. All 3 of us live o...
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I just made my first purchase on a property in Alabama. I am now at the point where I am reading through the contract with my mortgage lender. So my question is about the attorney. So far in the loan, both the turnkey...
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Hello Everyone,I currently have 6 units in Washington State that I would like to transfer to an LLC. I am also in the market for an 8 unit soon in Washington state. I'm looking for recommendations on a Seattle area at...
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Hi.Last night at a dinner party I found myself in a conversation with an entrepreneur about taxes, corporate veils, etc. He asked me how my rental properties were structured and was shocked to discover that I persona...
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I'm learning some hard lessons on my second rental property purchase here in California. I inherited 2 tenants that have refused to pay rent since closing on the property in late October. In late November I served a 6...
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Just thought I'd post and tell about a double closing gone wrong. Not sure how this situation could have been avoided. But, this does give another perspective. I contracted with the wholesaler to purchase a propert...
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Hi Everyone,I need help. I have a tenant in Massachusetts that is a tenant at will. I gave them 30 days notice to vacate and they hired Mass legal aid and have stopped all communication with me which tells me that the...
I'm preparing to close on an 18 unit residential building. An attorney quoted $3,000 to represent me a closing. Does this seem around what the fee should be? Thanks!