I am getting ready to purchase multiple houses as investment properties. While the banker is telling me that Fannie Mae will write loans on investment properties as long as there is 25% down (30 year fixed) they do r...
Has anyone come across any issues with insurance being enforceable if they transfer over a property from a personal name to LLC with a loan on it? I'm aware of the risks and implications of the due on sale clause, but...
Hello all! I am LaKesha Raynor. I am new to Bigger Pockets. I am a new wholesaler in the Dallas, TX area who has finally decided to live my 20 year dream of real estate investing.
I stumbled upon this website after s...
Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
We did a 1031 exchange into a 10 unit apartment building. The property is underperforming the other properties in our 40 unit portfolio. We've been consolidating our properties closer to our home location. This is...
Hello, my name is Nolan McCloud. I have always had the dream to get into Realestate. Not sure if I want to fix and flip or brrr but I am ready to pull the trigger on my first property. I am confident but I would like ...
Working with a partner(brother), we were able to close on a commercial property. He used his assets, to get a commercial loan, and the deed for the property is under the name of the LLC
he setup. Since it would have...
Hi Everyone,I am new to bigger pocket and wanted to get a review on Peter Harris Program. Has anyone take Peter mentoring program and could give me a review I would greatly appreciate it. I am interested in commercial...
I am planing to enter into a JV with another partner and need some opinions on the best way to structure this deal.
1. I will by the LAND with my own funds for $420k (NYC area).
2. Will work with the ...
Hi All, After getting a response from one of the BP founding fathers in a colleague request that I sent, I was nudged (encouraged) to post my recent success story. So after years of analysis paralysis (yes years), I f...