Sahara Faughn
Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...
Chris Zarro
Family & Friends Transaction - Please Help!
Hi all; first time poster so I apologize for any faux pas.Basically there is a family house that is being inherited by two siblings. I would like to buy out Sibling #2 who would like to get a lump sum. We are all clos...
Jenny L.
HELOC alternative for LLCs?
Thanks in advance for your insight. Here's our rehab and resell situation:Elderly parent currently owns the property OUTRIGHT. Three adult children have taken control of it. Our company would enter into an equity part...
Kevin Wareham
Funky 3 family in great location
I am a 24 year old looking to purchase a small multi family as my first home. I recently came across a 4 bedroom,2 bedroom, studio 3 family in a great location in a suburb 30 minutes from Boston. Due to covid-19 conce...
Thomas Edmonds
Home Buying Newbie In Phoenix, AZ
Hey Everyone! I am new to this site (I signed up a while ago but have just started researching and exploring) and wanted to introduce myself and give a little background. I a 32YO college graduate who has never owne...
Michael Ruane
LLC Structuring vs Series LLC
I was curious to hear of the benefits of using (s)LLC instead of an LLC. I am buying my 3rd two-unit and considering the strategy to mitigate exposure. Currently operating in a standard LLC with my partner but wonderi...
Troy Forney
tracking investment progress
I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...
Olga Ford
Deceased Family Member Home
Hello, A quick summary: A family member has passed away. In her will she stated that the equity in the home shall be split among the 4 people listed. The people listed have no desire to keep the home, however other fa...
Mike Rennhack
Self directed IRA
Anyone have any info on self directed IRA? I have an IRA with 200 k in it and I'm considering using to purchase rental property....thanks
Isaac Davis
House hacking duplex
Newbie question, Looking to focus on house hacking a duplex or triplex in Northern Colorado. I have a wife and 2 kids and willing to live in one of the units. Questions or concerns about taking this path? Does anyone ...