Paul Springer
Two separate houses that are "attached"..... How should I structure this deal?
Hey BP,
I went on a meeting the other day to see a property. The seller is very motivated, and the property is in pretty rough shape. The main focus for the meeting was to make an offer on 1 house (free and c...
Arseni Zaitsev
how to structure a partnership for a small 3-6 house development
Looking for suggestions on how to structure a partnership for a small 3-6 house development where I do not own the land. The owner is not willing to sell land outright, but open to "partnership." I am an architect and...
Scott Reynolds
PA & NC Houses, Solar Fields, S-Corps, & other shenanigans - biz structures?
Hey BP, I am deciding on business structures. I own three properties in NC (where I live and have a W2 job), which I manage with an NC LLC I just started. I also own a SFH and farmland in PA. I'm soon to be leasing th...
Prabh Virk
What would you do if a section of house may have a structure issue?
Hi Bigger Pockets,I am a new investor, trying to purchase a SFH to as an investment. This is a ranch built in 1952, we loved the location, and it is very reasonably priced (Bank appraisal came at the asking price). Th...
Lilly Fang
How to structure a subject to loan with a downpayment (house is on market)
I found several houses on the market with prices too high to sell. However, the seller has a large mortgage with 3% rate.For example, a house is listed at 500k, with a 380k mortgage of 3%. Seller bought it at 480k in ...
Phil Moeller
How To Structure a Deal to Buy a Portfolio of 20 Houses From One Investor
Hello fellow BP Members,I started investing in 2013, have 5 properties (4 single family, 1 duplex). I have 1 house under contract now and looking for others to buy, fix and hold (or just buy and hold). I am investin...
Waverly Rennie
how to structure partnership with developer for 3 houses on my tear-down double lot
Hi all- my very first deal, and it's been a roller coaster. Bought a house at auction, turns out to have a mold problem inside and asbestos shingles outside, and pretty crappy construction, but a prime location and do...
Justin Brin
What percentage is the structure worth vs land for depreciation?
What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
Account Closed
Question about Structural Issues and Related Contingencies
Hey all,I trust all is well. I had my property manager view a home recently on my behalf, and she noted that the front door to the home cannot open; and that she had to body check the backdoor to enter the home. Addit...
Richard Phillip Lewis
Non Conforming - Two SFH on one plot
Hey guys,
I just looked at a property that has two separate single family houses on one plot. Both were about 800 sqft. Our plan was to live in one and rent the other.
When we were looking at the property the selle...