Eric M James
Real Estate Lending time
I been gifted with a multifamily apartment unit of 4. The property is mortgage free and clear in my personal name. Im looking to do a cashout/refinance w a subject to completion. Its bn over 30 days in the loan proces...
Claudiu C.
Business Vehicle Taxes
Hello,I recently purchased a vehicle and registered in NJ to my second residence. I applied for the loan together with my LLC which is domiciled in NJ. The vehicle is exempt from taxes in the state in which the vehicl...
Eric M James
Real Estate Lending Time
I been gifted with a multifamily apartment unit of 4. The property is mortgage free and clear in my personal name. Im looking to do a cashout/refinance w a subject to completion. Its bn over 30 days in the loan proces...
Sherria Drake
purchasing property in reverse mortgage
Greetings
I am trying to purchase a home owned by a deceased family that is in a reverse mortgage the person in control of the title is willing to take what he can get on the deal. Any advice on how can I get the hou...
Brian Liscio
Ending a family partnership
I’d love to hear your creative thoughts on this…
The property has about 200k equity and if sold on the MLS it would cost about $100k in cap gains etc..
Only one partner has been claiming the property on his taxes. I...
Steven Straughn
Create LLC for family-owned rental?
Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
Jonathan Beemer
Do you take circumstance into consideration?
Hi BP!
Wanting to know if you, as a landlord, have ever taken the "possible tenants" life circumstances into consideration?
If they have a low credit score, but have had past rents paid?
Thank you!
Barbra Thebenyane
Building Materials, how many quotes?
When seeking materials for your remodel or flip, how many different companies do you pull quotes from before you feel you are ready to make a decision?
Nathan Love
How to sell while in a nursing home
Hello Everyone, I know someone who's mother is in a nursing and has been for a few years due to no one else being able to care for them. The daughter has power of attorney and would like to sell her mothers h...
Josh Sterling
Vacancy turn around
We have been very fortunate to have few vacancies, but because of that we don't really have a set procedure for getting them turned around and re-rented.
Ex.
Tenant notifies us at the beginning of the month that she ...