Craig Smith
Where to get a mortgage/home equity loan for an Primary LLC home
Bought a single family home for a flip $271000 cash last November. Planned on being in it less than a year so I put it into a LLC (that I started in 2015) for tax purposes. The LLC only holds the house. House is worth...
Michael Theo
Prop 19 Parent Child Exclusion for Multi-Unit Property
Does anyone know how the Prop 19 parent-child exclusion applies to multi-unit properties. My parents and I occupy 2 units in a 4 unit property as our primary residence. If my parents transfer the property to me will t...
Daniel R.
Help a newbie out! What to look for in seller financing deal?
Hello BP! I had found a local home listed for sale with seller financing. What do you look out for in this kind of deal- pros, cons, red flags? It looks like the home hasn’t been transferred since 2016, so I would ...
Bilal A.
Security deposit and Pro rated rent
When buying a rental property, do you put a clause in the contract that collected rents will be given to the buyer at closing in a pro-rates fashion? Also, what about security deposits? Or is this part of the usual cl...
Daniel P.
A Turnkey Review: TCS Investments
Hello and good day! Long time lurker here who’s learned an invaluable amount from the BP community over the past year and a half or so. I remember reading through a really good thread by Tyler Jahnke a while back, a r...
Wendy Busa
Subject to strategy basic questions
Doing a subject to may help a homeowner that faces foreclosure. I may have the stupidest question of the day, but I do not want to assume anything. When doing a subject to strategy, I understand the mortgage stays in ...
Travis Billings
Pay off debt first before investing?
Hello BP!!
This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...
Ross Carpenter
Need Financing Advice: Going From 3 Properties to......
Hey Guys! I have been involved in commercial and residential RE over the past 10 years and have accumulated 4 single family properties (three rental and one primary) between my wife and I (Title: one in my name, two i...
Stephen McGrath
Due on sale Clause/ LLC/Land Trusts
Hello everyone,I am a new investor with one duplex under my belt and i have scrubbed the forums for information on how to avoid the due on sale clause, for those of you that don't know, this is when you roll the title...
Rodney Kuhl
Indianapolis - How can I change the title from my name to my LLC when the loan is in my name?
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...