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I have a former primary residence I want to convert into a rental. We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes. Howe...
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Hello, I trust everyone is keeping safe. I am new to BP and want to buy an investment property in the MD/DC/VA area using LLC (preferrably a condo). Mortgage company says loan can only be provided in individual nam...
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Hello Everyone!I'm currently house hacking in WA and I'm just about to close on a property located in OK.There are a few very informative (and old) posts that i wanted to discuss further and hear some thoughts. I'm st...
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I recently switched jobs and currently debating on what to do with my 401k, now that I have options to do a roll over into my new company's plan, roll into a self-directed IRA, etc. I heard that you can use a self-dir...
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So I'm sure I'm not the only one here that is curious about this topic, but here goes nothing! I'll make it short and (relatively)sweet!Coronavirus hit the world, no one was prepared.Companies started closing down.Pay...
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The searches I made online seem to say that the max usury in AL is 8%. Can this be right? Does that mean if you provide seller financing that the max you can charge your buyer is 8%.
That seems very low considering ...
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I have an accepted offer that is 20k over list price. Are there tips on influencing the appraisal or is that something I can't control?
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Hi, so I always thought that the realtor I will work with can gather the network I need once an offer is accepted. But, I've been reading that it's best to find my own inspector to inspect a potential property I want...
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I'm not sure if this is the right spot to ask this question, so please let me know if it's incorrect. My father-in-law has been dabbling in real estate since he purchased his first parcel of land at 16. He's a small t...
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Hi,I am planning to sell my 3-unit investment property to my parents. The idea is to provide them with a steady passive income in their retirement. I will still be managing the property, as well as be an inheritor, ...