Troy Baker
What should I do with my 30 acres of commercial property?
Hello, two of my brothers, my Dad and I just closed on a 30 acre corner lot that sits on two state routes. There is a small town a mile down the road as well as a pretty big factory.So what we have is a restaurant tha...
Brad Collins
Nonconforming Multi-Family in RS6 Zoning
Hey BP,Excited to say that we're currently under contract on our second investment property (our first multi family), located in Hendersonville, NC - about a half-hour outside of Asheville. We plan to offer some of th...
Ram Peruml
Asset Protection, Financial and Tax Guidance
Hello,I own 2 rental properties in Northern Virginia. Our house hold income is above 295K. I would like to get guidance to protect these assets and future rental properties (buy and hold) as well as get a break from t...
Account Closed
underwriting mixed use
Hi everyone,
I'm pursuing a deal on a mixed-use building in a prime location. Purchase price is 1 million. Seller purchased 3 years ago for $825,000. The first floor is a commercial space housing a pizza shop that gr...
Jessica Price
What would you do? First time home buyer in ATX
I've been renting in Austin, Texas for the last year because I can't really afford to buy here. My current rent is about $1,350 and I found a condo listed at 215k, which I think I could get at 200k. That would put my ...
Jasmine C.
Nevada llc with land trust
hello. I spoke to a lawyer who says I need to move my passive investment homes to a Java fa llc and each home should go into a land trust. I have my homes in an llc in that state then my llc in my home state owns that...
Kenny Dahill
Bank Refused My LLC Title Transfer
I recently received in the mail a notice that I am not allowed to transfer my primary home to my LLC. They mentioned restrictions due to Fannie Mae.I would be subject to termination if I do not transfer it back.Has a...
Luanne Dvorak
Land Contracts
Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
Ivan Jouikov
How is "Subject To" different from Seller Financing?
Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary. You make payments to the se...
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...