Alexis Herrera
LLC for rental properties
Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...
Sophie Yin
Bought a second lien, how to get short payoff with 1st?
I bought this condo on auction in front of county court house this month. It was a second lien. The bid started at 25K, I bought it for 56k. There was another guy there bidding with me. The first mortgage is 96K after...
Dani C.
Judgement Against Landlord - Permissible Purpose?
Hello everyone! I am more than a little lost, so I am hoping some of the kind people here can throw some advise my way. I apologize if this is in the wrong forum.TLDR; Do I have permissible purpose to pull a credit re...
Samson Kay
Eviction - Sending a message or let it go?
I recently took over a building and am in the process of evicting a few of the previous owners tenants. They havent paid rent in 3 months and todays the day we see them in court. Before we walk in though, my lawyer as...
Robin Wilk
Wholesale MLS Properties using TIC
@Bill Gulley Hey Bill I'm curious if it's possible to wholesale properties on the MLS (Older listings like 90+ days and older) using the TIC, TAC, TOE method? Your thoughts are greatly appreciated.
Nick Baker
Need help - tricky situation
Ok - so this is a little tricky but ill try to be as brief as possible. Bottom line - my neighbor is about to sell his house and was going to use a realtor. Since rates are low and he told me this I decided to make ...
John Chan
Bank owned Deal Analysis
Please give me your thoughts on this REO deal located in Cincinnati. This is my first property under contract and I am set to close in 2 weeks.
Purchase price: $9,100 Cash
Est. Reh...
Ross Benedict
obtaining a loan under an LLC in Florida for buy and hold
Hi guys. I am currently doing my homework on how to obtain a loan under an LLC for a property that I would like to buy and rent out. From what I have read on the BP forums on this topic it seems as if your best bet of...
Ricky Ostrom
"Subject To" Questoin on Amount Owed
In a subject to deal....
When you say amount still owed on the property, is that the total of monthly payments still owed, or what the current pay-off statement says?
Don Konipol
Can Real Estate be Purchased Below REAL Market Value?
Can Real Estate Really Be Purchased “At A Discount” ?
Most investors buying property think they‘re doing so “at a discount”. The vast majority are wrong. It very hard to purchase a property below market value. First,...