![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2070174/small_1621517895-avatar-carolinas18.jpg?twic=v1/output=image&v=2)
For those who've been doing this for a while (or for a short time), what legal entity do you use for your REI business?
A) LLC
B) S-Corp
C) Corporation
D) What's a legal entity?
Extra points if you feel inclined...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/277989/small_1694566729-avatar-joec14.jpg?twic=v1/output=image&v=2)
I have a 9,000 sf truck terminal / shop on 2.65 acres I want to sell. I was thinking about financing the deal. Asking price would be about 250k. Does asking for 50k down seem unreasonable? Also I was wondering about l...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2357749/small_1695261258-avatar-brianb1077.jpg?twic=v1/output=image&v=2)
I'm looking to purchase my first property and I'm eyeing this fire damaged multi unit home. It's a short sale that's said to have mold and structural damage. I think it could be the right property to build equity into...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1318720/small_1621511286-avatar-johnm1277.jpg?twic=v1/output=image&v=2)
I never thought I could do this but I am about to.I bought a muti unit 2 years ago with a FHa loan.As of today I have a loan BIC USDA as they are in final review.This time next week I will close on 2nd home which is a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1022959/small_1621507676-avatar-samuelg40.jpg?twic=v1/output=image&v=2)
A SFH foreclosure that an Agent offered to me after another deal didn't go through. When we visited, the agent mistakenly informed me that the adjacent lot was part of the deal. There was a 40' semi truck trailer on t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/577460/small_1621492987-avatar-theedgeinre.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,100,000
Cash invested: $1,100,000
Contributors:
Stephen David Smith Jr.
Located “West of the Tra...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/199238/small_1696896847-avatar-roberttaylor001.jpg?twic=v1/output=image&v=2)
I am looking to purchase a multifamily property and at this point anything I find in my local market has negative cash flow so I am looking for suggestions across the country where I can deploy my savings and get a re...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/53854/small_1621411949-avatar-charlese.jpg?twic=v1/output=image&v=2)
A little oof base guys, but i need your help.I have a home
owner willing to do owner finance on his property.He is purchasing another home and has to sell first.How can i make this a win-win situation for the both of ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1149016/small_1621509607-avatar-jacobm206.jpg?twic=v1/output=image&v=2)
Hello everyone,
My name is Jacob Mellow and I am 28 years old. I currently live in Columbia, SC and have lived here for a little over two years. I am originally from Orlando, FL where I was born and raised. I was as...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/170726/small_1695378348-avatar-rocko2527.jpg?twic=v1/output=image&v=2)
Im stuck on wether I should make the plunge now or wait another 2 years until I'm ready to buy my own home. Im 22 years old still living at home and paying barely anything for rent. I refinished my parents basement an...