Benjamin Cowles
Considering financing friend's first home
I have a friend who's looking to buy his first home who has no credit, no down payment, but a steady job and I told him once either one of us find us a good deal (under 80k ARV that I could get at </=70%) I'd fund ...
Account Closed
Florida Squatter appealing an eviction
We have a squatter in FL and had to evict him. The attorney told us to post a 7 day notice that they were unauthorized occupants and if they wanted to continue to stay there they would have to pay $... rent weekly by ...
Aaron Osgood
LLC liability after the sale
Hi all,I purchased a property to flip as an LLC in Pennsylvania. After I sell it, what kind of liability do i have? I will be completely truthful on the seller dislcosure. Im just thinking through the worst case scena...
Daniel G.
I Need An Attorney in Dallas/Austin to Look at PSA
Hi BP Community,I am close to having a multifamily property in Ennis, TX (South of Dallas) under contract. I will be getting the Purchase and Sale Agreement soon and would really like for a lawyer to review it. Does a...
Debra Mittleman
General Liability Insurance- Florida
I am in the process of buying my first duplex the closing is tomorrow. Based upon advice from my attorney, I started an LLC and am putting the property under the LLC. I called my insurance agent to tell him I am clo...
Jeremy Janszen
Setting up the LLC when house is outside LLC
Looking for advice...My cousin and I went in and bought our first rental property. We bought it with traditional financing at great terms. We have an LLC established but I understand from the bank we cannot move the...
Stanley Dean
Prospective Listing for SALE
Hi all- I have a prospective possible listing for a owner who is 7 months in default as of March after her husband died and tried to do a remod and it failed. Now she is trying to sell the home , house has a loan bal...
Jordan Sims
Newbie with HELOC trying to rinse and repeat without waiting 6 months.
I purchased a property back in April with HELOC. I have rehabbed it and now have a renter in place. The issue I'm having and coming to realize is that every lender I approach is requiring a 6 month seasoning period. I...
Ursula B.
Deeding a REO to Personal vs. LLC?
Greetings BP! Has anyone ever heard of this? I just got a foreclosure property under contact. I wrote in the initial offer that the property should be deeded to an LLC. In the 'clean-copy corrections', I was tol...
David Hansen
USAA Rental Property Insurance Policy
Hello BP!
I've been doing some research for rental property insurance policies and see that USAA has some very competitive rates with good coverage. Has anyone had any experience with this policy or advice?
Thanks!