Sofia Sendra
Private Lending from Family
My husband and I are looking to invest in real estate, but don't have enough capital to get started. I have a family member I want to reach out to to get into business with together, as he has expressed an interest in...
Peter Tverdov
Advice we all can use: give me your best landlord tip!
I'll start it off with one:-After you do a showing, make sure all doors and windows are locked. Not everyone you show a rental too is a good person.
Ken Radino
Changing Names on a Deed
Hello fellow BP members,
I have a personal question to ask:
My In-laws own a townhouse close to my residence. My father-in-law just recently passed away to bad health. My mother-in-law wants to add ...
Mark Gruetzmacher
To partnership, LLC or Sole Proprietor-Tax Questions
Hello everyone, I have another question to run by you. I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday. My father ...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
Nicholas Acosta
Hard Money and Private Money
If I'm using an LLC to purchase a property with a hard money loan, but I am borrowing money from a family member for the downpayment.. How would I receive that money from my family member? Would it go to my personal a...
Jacob Elbe
Buying Property a Relative Below Market Value
So I have a situation I don't know how to handle or who to speak to about it, but since it has to do with real estate, I thought BP would be a good place to start!
Here's the situation:
My sister-in-law...
Liam Galbraith
How To Get a Mortgage Under Your Name With Outside Investors
Hi BP Members,I would like to purchase a multifamily property through a partnership deal with an investor. My investor will put up the capital for the down payment, but I would like to take out the mortgage under my n...
Tyler Fisher
How can I take over their mortgage.
I have an off market deal that is being offered 20k under market value. A house was gifted to the sellers and they don’t want to put their old house on the market. They have a conventional loan at 2.9 with a 650.00 mo...
Judah Hoover
Think and Grow Rich
Just bought another 25 copies of "Think and Grow Rich" to give out to clients and potential clients. Is this the best book for this?If you decided to give out a book in mass quantities what would it be?