Gary Hazard
Wholesaling houses with mortgages.
My last question of the day. If a house has a mortgage on it regardless if its paid or unpaid, how do I negotiate a deal? I dont understand what happens to the mortgage. Who pays the mortgage? Does it get paid? C...
Maria D.
Using an IRA account for RE investing?
I'd like to use my IRA account to invest in RE. What is the best way to do this without liquidating my IRA? I'd like to use the money without actually withdrawing it to avoid paying income tax on the withdrawal. What ...
Erin Madden
Are you a Peer Street Investor/Creditor?
I’m starting this thread in response to the recent bankruptcy filing of Peer Street. Several Peer Street investors seem to be on bigger pockets, so I wanted to get us all on one thread, if possible to share resources ...
Janyl Ventura
Business Entity formation?
Hi all,
I’m working with 2 others to start buying properties to hold and rent out. I’m aware that having properties under an LLC is a smart move for liability protection, I’m just not sure which business entity forma...
Michael Waite
[Calc Review] Help me analyze this Assisted Living Facility deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Price includes real estate and ALF business. Manager in place for 9 years. Current year r...
Sandeep Jain
How to structure LLC to have friends invest in it
Hi Friends
Currently I have 2 multifamily properties in Montclair NJ and one of the property is under LLC and I have a business mortgage and business line of credit on it. Instead of paying bank 4.5% for line of c...
Chris Connery
Multi use buildings vs multi family apartments
I'm currently evaluating a 3 unit multi use building. Two apartments and one retail space on the main floor (barber shop) all units currently rented. It's in a very nice area of town where there are very few closed bu...
Cameron Moore
When to Move Your Insurance Portfolio from Multiple Carriers to a Program/schedule?
As your Portfolio grows and evolves, so too do your insurance needs. Many investors start with a variety of insurance carriers to manage different properties. While this approach works in the early stages, there comes...
Sunny Burns
Garfield NJ - 12bdrm Quadplex - 1st Home purchase - biting more than we can chew?
So we have a 4 family Citibank REO under contract. It is two detached duplexes(upstairs/downstairs units) on one 5000sqft lot. Each of the 4 units, are 3 bedroom and 1 bath. It is not in a floodzone, two blocks from ...
Lan Bak
Pure DST vs. DST-721 UPREITs
Looking to get out of the active landlord business and exploring pure DST vs. 721 Exchange.
From my limited reading, a DST-721 Exchange seems to be a better option except it is a one-way door (no exchange back to DST...