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Hello!Finally introducing myself after 6 months of learning with the BP Community. What a GREAT place to learn! and man, some of you are SOOO young! LOVE the energy!Perhaps I can show you what a 62 year old grandmothe...
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I️ am opening another HELOC on a property this week and was wondering if the loan brokers out there can help me understand exactly how this is effectively counted “against” me in acquiring a new loan for the next ...
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hey BP fam! I'm looking to purchase a multifamily home as a first time home owner, I would like a triplex or fourplex. The issue is that I won't qualify for financing at a traditional bank any time soon as I work on m...
Hi All,My brother and I recently inherited a 4-family rental unit, 50/50. He lives closer and will be more hands on with the property, so a 50/50 split of profit isn't equitable. I would like to arrange for a fixed ma...
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Hey folks! My partner and I are in the middle of estate planning. To note, we do have an attorney selected, but I'd love to hear what others on this site have done in their own estate planning. It definitely has a lot...
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so I've filtered through the archives and didnt see an exact fit to my question so here goes.I have a lot that will have potentially 3 spec homes build on them. The 1st is under way and will be completed Jan/Feb of 20...
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I have read a lot about a 1031 talking about like properties. Well a flip and a rental are both investments but one would be a SFR and one would be a multi-unit rental. Is this possible?Thanks!
Hey guys, so this is the situation.I was gifted a paid off single-family home recently. the property needs a bit of work here and there but overall it is in great condition!I plan on fixing it up a bit and selling so ...
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So I'm a little confused whether this can be used for a 1031 exchange. The current owner of the property had the place quit claimed to him several years ago. From the time of ownership, it was never resided in by the ...
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Is it ironclad protection of other assets to put a rental property into an LLC? Are there instances where it can be insufficient and other assets are put at risk? Thanks