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My dad and his two brothers own a 2 family rental property in Rego Park Queens, (it is legally only in my uncle's name). They all now want to transfer ownership of this home to me and my cousins (there are 5 of us). ...
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I'm finding a few properties in my target area that have a trust listed as the owner of record. Are these properties something I should try contacting the owner(s) about selling?
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Hey everyone! I'm fresh on the scene from NY. So excited and proud to be part of this like-minded group. Can't wait to connect & learn from you guys....especially when it comes to building an elite investor pool!!...
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Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
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I'm in the process of selecting a SD IRA Custodian, to purchase a property worth approx $150k. Anyone have a firm they like and have had good experience with? I've looked at Pensco (who appears the most expensive) ...
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Hello BP, im currently in the process of rolling over some funds into a solo 401k. I just wanted to hear how some of you guys and gals have been able to maximize your solo k thru realestate investing.. Thanks!
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Hi.
I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.
I am waiting to hear back from the...
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Hi,Does selling a single family home and taking the profit to reinvest in a multifamily syndication qualify as a ‘like kind’ investment? I have held the asset for 6 years so it is not a short term investment. Thanks
Hello BP, sometime ago i read "The definitive guide to using seller financing to buy real estate", and only thought that to prevent due on sale clause, that would mean i can only used this method on debt free property...
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I've read a Land Trust book that said Land trusts sell or assign beneficial interest, which is personal property. Which means upon default of the sale you do not have to foreclosure, may may take non-judicial reposses...