Sharad M.
How to best protect my assets?
Hi guys,
I am going to be meeting my attorney in next few days, but I thought I ask BPers for some feedback and this way I can be better prepared to meet my attorney.
I own most of properties free and c...
Andrew DeCamp
Lending Private Money
Hello everyone,I am a brand new real estate investor in the Indianapolis, Indiana area. I have an opportunity to invest in the rehab of a flip that is currently in the process. The investment would be private money fr...
Adam Odom
Lending to an irrevocable trust
I'm actually a banker and had a trust attorney stump me yesterday. He asked why banks do not lend anymore to irrevocable trusts and I knew the answer was "no" (at least at the ones I've worked for) but didn't really k...
Hendrix P.
MY TEAM...
I am planning buying my first investment property and would like to know what key people (broker, agent, etc) I should have lined up before I purchase. Who should be on the team?
Also, I know I need a CPA, should tha...
Sharukh Ahsan
HELP: REO with Title Issue
Hi everyone,
Recently went under contract with a Wells Fargo REO. Upon title search my attorney has discovered the following:
Previous owners of the house transferred the ownership to their living trust.The bank for...
Rami W.
First time as private lender. Request for reconveyance process?
The borrower seems ready to pay off his loan. His escrow company has asked me to sign a Request for Reconveyance and a "Beneficiary's demand". I have not yet received the original loan amount back yet. Shouldn't I be ...
Danny Garcia
Self directed IRA Recomendations
Hey guys I am wanting to open up an Self directed IRA.. can I just go to any bank or is there any certain recommendations you guys can refer. Thanks
Ian K Laszlo
Should I get LLC for my first property?
Greetings.
I'm new to real estate with a question regarding LLC. Currently, I'm getting ready to buy my first property wondering if I should get an LLC. What I was told is you don't need one until you generate some...
Kamran Rahman
Converting house hacked rental into a proper rental
Hi all,I am posting about my first rental property that I have had for a couple years I want to plan my strategy for converting my current househacked rental, into a rental. Currently I live in one room, and rent out...
Tim Stuart
Another 3b/2ba Turnkey in Baltimore, MD
Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $148,000
Cash invested: $30,000
Just closed on another Turnkey Rowhouse in Baltimore, MD through @Nora...