Adam Craig
I am at the point where I need private money for my term loans?
I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
Frederick Hawkins
Tax Question - Passive Real Estate Investment Income
Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
Mathew Deines
How do we get out of a property with partners (family)?
I am going to try and make a long story short, so if you have questions or need clarification please let me know.My wife before we were married inherited 25% of one side of a duplex. The other 75% belonged to her brot...
Kimberly H.
Umbrella provider for LLC houses??
So, my umbrella insurance provider won't insure my houses now that they know they are held in LLC. The insurer who insures the houses is ok with them being titled in LLC, but also can't do the umbrella policy for h...
William Salas
Seller finance buyer dies?? What do I tell seller?
Hi everyone! This is one of my favorite places for posting about creative real estate.
My question is, what happens (or could happen) if the buyer dies in a seller-financed deal?
I’m making the offer and the seller ...
Forrest Wilson
1031 Exchanges on VA Loan Properties?
Hi I currently own a rental SFR in another state which I used to live in. I have a VA loan on it as of now. I am debating selling the house and buying a small apartment complex or mobile home park.
Is it possible to ...
Sammy Pugh
Help bought a foreclosure
I recently bought a foreclosure at auction. Paid the deposit required and signed contract with trustee that gave me 30 days to complete payment. It has been 28 days and I went to closing yesterday. My loan officer ...
Vince Williams
1031 exchanges on SFH???
Can you do a 1031 exchange on a SFH or is this just for multi-family (triplex, duplex?)
Account Closed
Rental Agreement provided by BP (CA)
I recently downloaded the blank rental agreement that is provided by BP.
I am wondering if anyone else has ever used this. I am asking because I am getting ready to rent to people that are on section 8 but then tena...
Dave G
Investor / Realtor
As an investor I have decided to apply for my salesperson license in order to check the MLS listings each morning and get access to local properties here in CA.
There is one issue though I am not real clear on I thou...