Linda Weygant
Bizarre Issue in Wholesale/Subject To Deal - What do you think?
So the weirdest thing has happened and would love some insight from those of you who work the foreclosure process.I bought a condo that was going into foreclosure. I got a cashier's check for the wholesaler to take t...
Sarah Jones
Subject To Purchase ... How To Guide
I'm in Los Angeles, CA trying to get a subject to done. I was wondering what are all the forms I need the seller to sign. I know i have to get a title company to check the title before I close but what are all the for...
Evan Howe
California LLC question
I live in CA and am about to purchase my first OOS investment property, targeting Cleveland OH. I am looking at an LLC vs SP, with the LLC registered in OH. I know CA has an $800/year fee for any LLC “doing busines...
Katherine Robbins
Having a Trust run an LLC
Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
Jeff Ju
Request for a payoff and reconveyance
Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...
Rich Hupper
Irrevocable Trust question for the Tax and Legal Pros!
Thank you to anyone in advance that could help me with this loaded question / situation. My father use to own a piece of industrial land with two commercial rental bays on the lot. About 9 years ago he transferred tit...
Tyler Blackwell
Family member wants to bequeath house...easier to be on title?
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...
Andrew Pandolfino
Family loan to LLC for all cash rental purchase and refinancing
Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction. I have recently put an offer on a multifamily property that I had ...
Stephen McGrath
Due on sale Clause/ LLC/Land Trusts
Hello everyone,I am a new investor with one duplex under my belt and i have scrubbed the forums for information on how to avoid the due on sale clause, for those of you that don't know, this is when you roll the title...
Debbie Hannappel
Multifamily syndication- questions about being a passive investor
When looking at being a individual passive investor in a Multifamily syndication, is it best to become an LLC yourself or stay as a individual investor ?Does anyone know if as an individual passive investor in Multifa...