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I’ve read that it is wise to buy investment properties as an LLC to protect yourself personally, but I’ve also heard that banks won’t lend to an LLC buyer. Catch-22? How do you do that if banks won’t lend?If you buy a...
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There is a property in my market that has been chilling on Zillow and other sites for 400 days. Whether or not this is 100% accurate, it seems like nobody wants to touch this property. It is a foreclosure being sold “...
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I have a potential seller that is interest in selling their home. They asked me was if it OK to sell it under a quit claim? Being I am whole seller how would this work? Would this be the same as it would with a gener...
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Hey everyone, I am a wholesaler from NC, it is completely legal in my state, my partner and I have closed deals using assignments. My question is would it be advisable to get an 18 acre parcel of land under contract a...
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Hi, Looking to purchase 1st investment property. This particular one shows solid cash flow, coc, and cap rate. However, it’s got a crack in the brick by this window and on the inside there’s another window with drywal...
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Can someone help me in With this problem? This sounds really gross but, I have a rat infestation!!! If anyone is familiar or has had similar problems, I would be grateful :)
There seems to be a severe rat infestatio...
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I received the inspection report on a SFR thats in escrow. Property was said to have new roof, HVAC under 5 years old, new counter tops, soffit reparied, new doors, and a few other items rehabbed on the house. I go...
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We have an 8 units (2 buildings with 4 units each) that we plan to purchase. Two options we are considering
1. buy them under personal name at interest rate of around 3.X
2. Buy them under LLC but then it will be co...
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Hello,Sorry in advance for the lengthy post. And, I acknowledge any advice given on this forum is not financial or legal advice. We are new to biggerpockets.com and have recently purchased a SFH rental a block away f...
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Hi all, I am a newbie to play the game. Now I am looking into an out of state rental property in Frisco, TX. The property selling price is around 250k. 4 bd, 2 bath, built in 1994. The leasing ranges from 1850-2200 am...