Hello, I am considering taking properties out of my name and having an attorney transfer them into an LLC. However, I remember reading something that when you transfer into an LLC, you risk the property taxes rising ...
I am considering pulling the trigger on my first deal this weekend. The deal is on a 4-plex for roughly $175,000. I have already worked out the loan details, got a %4.5 interest rate putting 25% down. The 4plex has ...
I purchased a rental property in Wilmington, DE in the name of my LLC on a interest-only loan from a family friend. I am now looking to do a cash-out refinance on the property and I am looking to do so in my personal...
Hello, I am thinking of investing in a duplex to rent out and have my first rental property in Louisiana and I wanted to know if there is anyone out here in Bigger Pockets that is investing in Louisiana. Thanks!
Hi all, great site and many helpful resources. My first post, thought I would share some info on my recent (still in progress) flip. It's our first flip, but we own 3 other properties that we rent.Found a good deal ...
For context I'm in North Carolina, but my question is not specific to state foreclosure laws. I have attended a few courthouse foreclosure auctions and have observed the following situation and I don't quite understan...
I wanted to get some opinions if now is a good time to Refinance a BRRR 4-plex. I purchased a 4-plex for $257,000 all cash September 2019. We put an additional $15,000 into rehab so all in cost $272,000. The units are...
Recently moved to IL and have not been able to get out of this rut. I look at property often but have not been able to pull the trigger on any. If anyone out there has any suggestions or maybe even a size 10 or smalle...
Hello, I need help figuring out how to do this the best way without title, legal, or financial trouble.
We've negotiated a deal with a seller (who we know) that we'll buy his house for $345k in 3-6 months after we're...
If I buy multi family comm real estate via a RE LLC company with my Roth IRA does the rent income become UBIT taxable ? If the property is paid in cash and later a mortgage is secured does it impact the UBIT questio...