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I am selling my home and plan to do a 1031 exchange toward a foreclosed home. Is this transaction too difficult (time to get offer accepted in 45 days too challenging vs. a non-foreclosed home)?
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I have a question about insurance. I've recently changed how my rentals business is structured, and I'm trying to ensure I have the proper insurance coverage. I have one LLC that manages all of our properties (but own...
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Does anyone know if an assumption of loan is common or not usually approved by a lender? Looking for info on assumption of a VA loan, with both members with a VA loan entitlement. Thank you in advance!
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"X" LLC will hold title to the property for which the loan is made."Y" LLC is the managing/holding LLC of "X"To which LLC should the loan be made?
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Hello everyone!I've started building my portfolio this year and currently I have 3 properties in Cincinatti area with prices ranging around 65k each.All of the properties are in my name and now I need to decide my ins...
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When they say they will buy any house in any location, is this true? how can they buy any house in any location and still make a profit? It seems most people stay with certain neighborhoods and these people don't care...
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Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
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I'm looking to best understand the best way to fund an LLC. I did an initial seed fund but not a lot of money (just enough to open up some bank accounts). Eventually, I would like to build up the LLC business profil...
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This is a quote from a licensed contractor, for a bathroom addition within existing house walls (storage room 12x10).Property location is in SF bay area. Complications to this project are: braking concrete slub to pu...
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I'm presently a member-manager for an LLC that has 3 members. Each of us is likely an accredited investor, after totaling shares of other LLCs we are members of. I'm assuming that in order for myself, as manager, to...