Neha Mittal
Buying llc along with property
I came across a property and taxes for that are low. The seller said he will create a new llc and transfer the property to that llc, then I can buy the llc. This way the state will not reaccess property taxes. Is it ...
John Bagwell
Legal Issues Concerning Note Finding
To all Note Finders,
After carefull research on whether note finders need to be mortgage brokers you must look at the legal definition of each state's legal definition of a mortgage broker. My states defination for a ...
Mark Davis
When Owners Default on Tax Liens
What happens if a property owner does not pay, when it comes to tax liens/certificates?
Account Closed
change of financing-how does it affect me
My buyers signed a contract to pay cash for the house, and we were to close Friday (verbal agreement), originally on the 30th by contract.
The agent just called to say now they want to finance part of the purchase be...
Max Mac Phail
"Zombie" Foreclosures In Las Vegas, NV
I came across this article in my email about a large amount of leftover foreclosures from 2011 and 2012 that lenders are starting to get out of litigation with HOA's and getting around state laws. Has anyone in the V...
Brandon Lashmet
Rental Property Business Structures + Asset Protection
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
Kate H.
Sole proprietor landlords in Canada - anyone use a business name?
I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
Bob Jaeger
Options pursuing FHA note foreclosure
Looking for strategies and creativity ideas on how to pursue an opportunity I found in my area that at the right price could be a good addition to my BRRRRRRR portfolio. The facts and challenges are-1) The house is li...
Sebastian Gast
What is truly owner occupancy?
Not sure if this is an innovative strategy or just illegal but I would like some input. I have a friend who bought several rentals ALL with primary occupant loans (3.5-5% down). What he does is include utilities ...
Robert Anderson
Can someone help me with a few Hard Money lending questions?
Hi, I want to become a hard money lender in Massachusetts. I’ve been involved with a few small house flips the last couple years. I’ve never had to borrow money. I’m tired of flips And want to be the money guy. I’m no...