David McCracken
Legalling splitting gas bill in Ferndale duplex
I currently own a duplex in SE Michigan, with a lower 2 bedroom flat and an upper 1 bedroom flat. There's only one gas meter. I've looked into splitting the ducting and plumbing for an additional furnace and hot water...
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LLCs and Lease purchases
Hi
I want to form a LLC for my real estate investing. I want to invest both in lease purchases and subject to deals. How do I transfer a property over to my LLC if I don't actually have ownership of it? Or, how does ...
Jeff Ryan
Muskegon - ordinance for use property mgmt based on distance away
This question pertaining to Muskegon, Michigan specifically, but would be interested to hear if other locales might have something similar:Does anyone know if it is a City of Muskegon law/ordinance having to use a pro...
Benjamin Cowles
Are straight options good when without sufficient buyer's list?
once a seller asked me, in other words, 'so what do ya want? I got all kinds of properties, wutcha want?' and I remember fumbling through my mental script but now I'm thinking I should have told him what my heart felt...
Lena Wang
Rent to own:Why owners would want that vs just selling it?
Hi, I'm noticing there are some RENT TO OWN properties in the Bay area through FSBO site, and it's very expensive to buy out right in the bay area the conventional way, and some of these houses seem cheaper. My questi...
John White
Funding Rehab For Share Of Profits
Good Afternoon All...
I need some advice, as this is my first scenario where I've been approached to fund a rehab. Here are the details:
3 bed, 2 bath cape, 1500 square feet, .68 acre lot (large lot fo...
Mike Cartmell
Lease Option my own home?
Hi all,
I'm fairly new to real estate investing and am looking to venture into lease options. I purchase a short sale home as my primary residence for 189k just over 4 months ago. A house with the same floorplan dow...
Harrison Silverstein
NPN Note Investing - Twentynine Palms, California - Lease Option
Hi everyone! Celebrating the recent success of one of my note acquisitions last year. Here's the full dirt on the whole investment:Investment Info:
Non Performing Lease Option ContractSingle-family residence. Twentyn...
Michael Henry
How do I structure a fix & flip (rehab deal) while the owner holds the mortgage?
I have a deal in Milwaukee, WI where I can partner with the Seller to rehab his home and keep the proceeds over a dollar amount. The owner has a 1st Mortgage; a good ARV is there and the numbers work. What I'm wonderi...
Brad Ball
Accessing More Equity - HELOC Refinance or Cash Out Refinance?
Hi There. This is my first BP Forums Post.We own a duplex and have lived in one side for 10 years. Only a few months the entire time without a tenant paying a full rent. We bought in 2010 in northern Illinois where th...