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In a nut shell, I have a property under contract. I can do this deal by myself, however, I am willing to partner with a friend who is interested in learning the ropes of REI. He cannot invest himself because of his dt...
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A thread I started today in another forum enlightened me to the fact that I haven't established my criteria. I may now be forced to go through with a transaction that is probably not the best thing for me (although i...
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I have rental property that I have owned for 14 years. It was our first house. We got an FHA ARM 30 year, which is based on the 1 year t-bill (rate + 2). Its been a great ARM easily beating out the fixed rate in most ...
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How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
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Okay so I am building my team and I am looking for a HML to go with in the state of MD. I am looking to buy/rehab/hold properties. I am trying to buy at 55%-65% of ARV, rehab properites that require less than $40,00...
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First of all, thank you for clicking on this thread, there are a million of them out there and I promise not to waste your time.So here is the scenario:Multi-Family property (4 units) - Listed @ $205,000, on market 65...
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I am trying to get my feet wet on the note business. Here is something that i offered and the seller accepted my offer. (Have one last chance to backout if need be).UPB: $8226.36Monthly payment: $596.50Remaining numbe...
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I saw a lawyer yesterday to get advice on becoming a first-time landlord and I feel like it was a big waste of time and money. I feel like BiggerPockets forums provide better legal advice than this guy. When he told m...
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Hello
I am a new investor and there is a triplex for sale in my area and I do not have the funds to pay for it. I do not think I can pass this one up and I am curious about hard money and what I can do to make this ...
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Hi BiggerPockets landlords,Not sure if this is the right place to post, but I'm a 26 y/o Fortune 500 software developer who is moving to Austin, TX.I have:- a senior engineering position at my company that I've held f...