Tracy Z. Rewey
12 Days Of Note Investing-Day #10 Bagels and Business Notes
Traditional bank financing can be difficult to obtain when the sale of a business does not include real estate. The Bagel Shop and Deli note highlights how owner financing can be an effective solution.The owners ha...
Bradley D.
Which is the best state, if any, to create an LLC?
Hello:When I purchase my first property I do want to LLC it; however, it will be in another state than the one I live in.Over twenty years ago, there was a lot made of the Delaware LLC as it offered certain benefits, ...
Naga A.
Townhouse with no HOA fee?
I've found a great townhouse in a great location.
This townhouse meets my general criteria (2% rule, 50% rule etc.) and does not have any HOA fee. So, any repair (exterior walls, roof etc.) would be my responsibili...
H. Jack Miller
Subject to Financing- Investing
I wanted to see if anyone is using this strategy, what is the good and bad to it and what has your experiences with it been?
Camille K.
Delinquent Tax Sale 12/10/19 in Spartanburg, SC
This will be my first tax lien auction ever. Anyone ever attend one of these in Spartanburg, SC?
Are bidders of this location predominantly looking for the interest return or to acquire property not redeemed?
I...
Steven Straughn
Buying a home with a solar lease agreement?
I am in escrow on a property that has a solar lease agreement in place with a company called SunRun. The property was foreclosed, so the agreement appears to be null and void, though we have the option of assuming the...
Viron Hale
LLC and Banking account
Hello BP family,I just started my LLC and now looking into setting up a bank account. I'm going to use a local bank, my question do I need to set up a business bank account or can I set up a personal account for my LL...
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trying to understand bank's motivation for bid at auction
I've heard about banks bidding at auctions - would this only be for the sole purpose of raising the bid to try to cover their lien on the property? Otherwise, I don't understand why a bank would send an agent to the ...
Ariel Moore
Wrap Mortgage
We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...
Robert Howard
Partnership proposal and analysis
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...