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Need some advice from my fellow BP bloggers.I have a property currently listed for sale and it’s been on the market for about 20 days now and not much action has been going on and the house is priced at market value. ...
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Hello,
After some months of research and preparation we are ready to try to get an offer in place for a short sale flip and had a question about the Option to Purchase Contract. I am not sure if there is a simple an...
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Hi Everyone,I've found a pre-forclosure property with minimal liens, and a mortgage well under market value. However, I recently learned the owner passed away a few months ago. The bank has initiated the foreclosure p...
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I found a duplex that went to sheriff's sale about a month ago and was bought by the bank. I know on SFR almost all of them go back to HUD or another government agency to be sold per their processes. Is it likely a ...
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Hi everyone, my question is can I have a mortgage on a property and transfer it into a LLC, or does it need to be paid off first, and also I have been told banks wont lend to a LLC if you try to buy a single family ho...
Hello, I have been an investor in short term rentals for 7 years, but this is my first post. My wife and I have 5 vacation rental homes that I market on VRBO, and my wife and I manage exclusively. We have a great te...
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How does one transfer the title of a property from their individual name into an LLC. Also, does remove the liability from their name individually, so they can lower their DTI? Thank you for your tips in advance.
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Hi all,
Recently I have been looking at various forms of financing for future properties. One of the more intriguing forms I have learned and studied is syndication. Not having been a GP for a syndication before and ...
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Hello
Quick introduction, my name is Doug, and i am in ohio.
I have investing in real estate for over 10 years, started out fixing up and reselling houses, and owned a couple of multifamily units as well.
Lately i h...
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Hello,
This is my first post on this forum. I have been in tune with the state of the mortgage industry and the past issuances of many sub-prime mortgage by banks to home owners. A lot of these individuals are now un...