David Bolous
Leverage using SD IRA - Checkbook Control
Sorry if this is a newbie question but haven’t been able to find the answer. Other than non recourse loans, looking for ways to get additional leverage from my SD IRA which I have checkbook control over through an LLC...
Sean Dezoysa
Will a bank do a conventional loan on less than full home ownership?
Hi, if I sell a house on owner financing with a balloon, but the homeowner owns just 90-95% of the house (investor keeps the rest), will the bank have no problems loaning against the homeowner's equity share, or wi...
Michael Payne
ARE EMAILS BINDING? Newbie here but I haven't seen this discussed
Hello BP family. I could use some insight. I made an offer on a SFR. The agent replied to my offer with a counter by email saying that the owner was elderly and out of town, but when she was back he could have her sig...
Steve Karp
Need. Pro bono or contingency attorney
A good friend of mine, my agent, team member and RE Agent has a challenging escrow. Seller is a divorcing couple. My friend reps the buyer. This is a property in escrow. The divorce is hostile. They went in to esc...
Joseph Hartel
Michigan Ownership of a property
I have a friend that has been in a relationship for over 12 years in hopes of getting married , in an act of good faith her boyfriend refinanced and had his girlfriend’s name was put on the deed and the mortgage to bu...
Joyce Ables
Modified Accelerated Cost Recovery Analysis on Properties?
My CPA was discussing some ways to accelerate cashflow on my properties and mentioned bifurcated deduction/depreciation on some of the improvements (e.g., carpet, appliances, blinds). However, she mentioned that for t...
Mike Porter
Renting to a boyfriend/girlfriend...how to write the lease
Hi all,
I am renting a house next month to a current tenant at a different property who wants a bigger place and also wants to move in together with her boyfriend. Both currently have their own places and each have a...
Stephen G.
Online Rent Payment: Need Recommendations!
Hello BiggerPockets Community!I wanted to both share a recent experience as well as ask for recommendations for electronic payment services for property managers and landlords.For the longest time, I was using Venmo a...
Karen Bruck
Can I use a 1031 exchange to buy siblings part of inherited home
Hello everyone. First time question but have been helped many times with the great advice found on this website.My Mother's house is located in San Diego, CA. When she passes, the house will be left to 4 adult childre...
Bret N.
Seller Originated Loan Scenario
If a person owns a property outright for say, 100k FMV, could they create a note on this for say 50k @12 % for guaranteed 5 years without prepayment and sale it. Also, is there a way to "wholesale or flip this note" ...