Question for everyone, I have a large size basement in my 3 family in Newark, NJ. The basement has two entry and exits. What are the qualifications to create a basement apartment in Newark NJ? 

**Looking for advice/guidance before going to my CPA/Attorney and I know that’s not you.**I own two SFRs in my name. One is in MD and the other in FL where I’m a resident. I want to establish a LLC for asset protectio...

Hi, this is my first post on BP. Past two weeks or so I've I jumped into this place head first. I'm located on the south shore of Ma. I'm actually in the trades so I have no formal knowledge of finance. I purchased an...

Hello all,I recently purchased my first property that I plan on house hacking. My question is when I create a lease agreement does anyone recommend creating one yourself from a template or hire an attorney to create a...

Hi all, I’ve recently started reading the BRRRR book. Is the B(BUY), and the whole strategy premised on buying the first property out right without taking out a loan? Then later taken that equity to get a loan/refinan...

Hi everyone!
I've been attempting to reach the owners of vacant/distressed homes but haven't had any luck yet with any skip tracing services. What steps have some of you taken to find the correct information to get i...

I am trying to figure out how to structure a deal with a family member and was wondering if anyone would have advice for me. My uncle wants to invest in real estate with me and has a lot of cash. He is willing to...

I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...

I haven't seen this scenario posted anywhere. If building a new ground up ADU on an existing 4-plex property - how do lenders look at this since there are now 5 units:- Would it qualify for commercial loan?- Would it ...

We own a property with two detached units in Atwater Village on a ~6k sq ft lot that is zoned R1. The property also has a detached garage. Can we convert that garage into an ADU? The reason I'm unclear is because the ...