Tom MacDonald
Move deal into LLC after purchase?
Hi BP, I have filed for an LLC but it is still being processed by the state. There is a deal that I want to put an offer on and I don't want to miss it. Can I put in an offer and purchase the property in my own name...
Chad K.
Probate process
I was wondering does anyone know the usual time frame for a probate to be completed? And does it vary by state or mostly by county? Because while doing my research I often see the phrase " on or before the "certain da...
Gary Li
How to File Tax Return for LLCs in Living Trust
I just Transferred AAA LLC (me and wife owned 50%-50%) and BBB LLC (me 100% owned) to our revocable Living Trust, before AAA LLC file Tax Return with form 1065 and BBB LLC file Tax Return with Schedule C, What form sh...
Thomas Gutierrez
Help on subject to?
Ok guys I am needing some help on a deal. So my neighbor is 20k behind on Payement and have a total loan of 175k. House is worth about 230k how would I go about structuring this deal? Would it be a subject to deal? If...
Guy Olds
Question of a full authority sale in California probate
I've been hearing from PR's lately and even from an "expert" in Probate (i.e. someone not on BP) that even with full authority under the IAEA in California a sale of a probate property needs to be sold no lower than 9...
John Derheim
Hard money loan to finish construction on primary residence?
Hey everyone, A friend of mine has come into some hardship, she sold 2 of her rental properties in an attempt to build a 1 bedroom home for retirement in northern California, she bought the land outright, and has fini...
Dan S.
Refinance rental to avoid taxes - then sale /management in trust
Hey BP community...I am talking to a guy about selling one of my properties to him and I had a question about tax implications as I am being told if I do it this way I am avoiding some taxes...
Here is what we are ta...
Sterling White
Mortgage payments
I would like to take over the mortgage payments of a seller is there a document that enables this for me to provide to the seller? Indianapolis
Nick G.
Cash out LTV on primary in NY
Hey Mortgage Pro's, What LTV are lenders offering now on a cash out refi for a primary owner occupied in NY? Specifically in Westchester county. Also what's the average seasoning time to refi?Thanks!
Derrick Lu
Closing Attorney does not offer Land Trusts
Hi. My agent informed me his closing attorney does not do land trusts and we close later today. What would you do in this situation? This is a cash purchase, can I transfer to a land trust later on? What are the ...