Bobby C.
Need Help with Rental Strategy
I have rental property in a sub par neighborhood. It is a two story single family home that was separated into two units back before I took ownership( one bed and bath upstairs and two bed two bath downstairs ). Bein...
Shane Newell
Best way to structure potential buy and hold deal
Hi all. I've recently come across a non-listed property in one of my target areas that fits my criteria. Property rents for $2,600 without a single vacancy over past 12 years (owner showed me leases at least). Ask pr...
Penny Clark
Changing to LLC After Paying Off Property
Hi Everyone,After scrimping and saving for four years, we've been able to pay off the mortgages on two properties we own. Our concern is that two homes free and clear could become a substantial financial target if we ...
Shafi Noss
The First Deal: Mentoring vs. Partnering
Hi everyone, A partner and I are getting set up to do our first deal, and I'd like to ask your advice on how best to learn. We've seen two partnering styles: Bring a deal or money, and partner with an existing operato...
Willie Flint
Transferring 2 properties from personal ownership to LLC
Hello experts,
We have 3 rentals, 2 with mortgages, and started an LLC. We are buying more properties for sure and want to do things optimally. Does the bank allow transferring title to an LLC, or will require a re-f...
Tyrone Harris
Refinancing after chapter 7
Good Evening I am 2 years discharged from a chapter 7 BK. I want to refinance my primary residence and pull out some cash to invest. If I refinance and stay below the 80% LTV, do still I have to have PMI added to my l...
Matt Bode
Renting owned home- buying new home
First post so be easy- Cental Texas residentI'm about to pay off my home, (or possibly hold off- owe 45k at a 2.75% interest rate) and would like to start renting it out, and purchase a new house to live in.I'm readin...
Joy D Pulliam
Dallas-Fort Worth, TX Brand New to Real Estate
Hello BiggerPockets Community. My name is Joy and I live in Dallas, TX. A local flipper suggested I join, and read, and read, and read, to learn as much as I can. I'm currently on information overload, but thank yo...
Henrik Frank
Strategy that delays Sale Date to lower Capital Gains for seller?
I'm working a deal with friends of mine. They are in a "must sell soon" situation since they are having a hard time making their payments. At the same time, they are trying to stay as long as possible since they don't...
Sammie Baker
Put Investment Home Under Our LLC?
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...