J Folsom
Buying single family home zoned as multi unit
We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...
Mordy Chaimovitz
My attorney says I am not allowed to make an LLC
Ok. I Recently closed my 1st deal on 2 SFH's with a conventional loan. I wanted to transfer the properties into an LLC but my attorney says that technically it's against the clauses in my loan to transfer the loan to ...
Danny Scott
Foreign Series LLC in Non-series State
Hello there,Looking to create series LLC in Nevada (series state) for rentals located in NC (non-series state), and register in NC as foreign entity.Since NC does not recognize series LLC, I'm concerned that NC does n...
Braden Hobbs
Existing Mineral Lease from prior owner auto-renewed
Looking for some general advice (non-legal) about the situation we've found ourselves in. We bought a property at the end of last year and noticed on the title commitment it had an existing lease on the mineral rights...
Curt Davis
Advertising for Private Lenders
We are currently in the process of having a new website being built and I would like to have a tab where if someone wanted to become a private lender they can download a basic application, complete it and email it to ...
Account Closed
Can you build another house on the same property?
Say I buy a small duplex, on the same property could I build two more "tiny homes" and say the address was 235 a/b oak lane would it just be 235 a/b/c/d? This is probably a dumb question but I know dam well people bui...
Kevin Phu
Take Advantage of Gov't "401K" Match
I have an idea but I'm not sure it'll work legally or if I'm missing some information.I work for the government and currently contribute 5% (tax deferred) into my Thrift Savings Plan (TSP) since my agency matches up t...
David K.
Emotional Support Dog
Hello BP community,I own a 2-fam townhouse in PA. The upstairs tenant moved in about 2 years ago and since obtained a pitbull. The HOA has dog size restrictions and this pitbull does not qualify. A neighbor recently c...
David Dachtera
Your Credit and the SCOTUS's FDCPA Ruling ...
Let me start off by saying that I am NOT a financial or legal professional and none of what you are about to read should be construed as either financial or legal advice. Always consult a qualified professional.At my ...
Angela W.
How to Set up Transfer of Property Before You Die
I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...