Hi everyone!My siblings and I have recently decided to join forces and invest together. We are considering forming a LLC to  hold and purchase investments. We all live in different cities but travel to our home state ...

Hello all,

Just began shopping around for hard money loans, and the first one I communicated with requires that you form an LLC in order to receive the loan. Is this common for most hard money lenders? Is the...

Fellow BP Members,This post is looking for inputs (or links to other threads I may be missing) regarding three inter-related issues (I do have an Attorney, Mortgage Broker, and Accountant...but sometimes I gain more c...

In deciding what strategy works for you in terms of real estate investment, I think your net worth and income has a significant impact. If you need additional income to supplement and have less net worth, cash flow pr...

Hey all,With the crazy market going on, it's getting harder to search and buy. I found myself in an area where it's really out of reach (Northern Virginia). Just like many others whom may find themselves in the same s...

What firms are out there that allow you to invest in real estate from a self directed IRA?I have an existing Scottrade traditional IRA into which I had rolled over my 401(K) from previous employers for consolidation. ...

This question requires a little background.Current LLC has four equal partners, each 25% ownership.  For this example, we will call this LLC Homer, LLC.  Homer, LLC currently holds five properties.  One has a traditio...

It's gotten to the point that I'm 1031 exchanging some of my rental properties for additional rentals. Started out turning primary residences into rentals but held them long enough in most cases that I now have to 103...

Hello BP family,I just started my LLC and now looking into setting up a bank account. I'm going to use a local bank, my question do I need to set up a business bank account or can I set up a personal account for my LL...

How do I calculate the net worth of an owner financed property?

I'm the party doing the owner financing.