My wife and I own a townhome in Culver City, CA that is appreciating very well but not cashflowing. My renters' lease is up next summer and I'd like to do a 1031 exchange into a multi-family property. Right now, our l...
I've been reading about taking title 'subject to' and wrap loans. It is an intriguing strategy but one aspect seems to give me pause. The worst case scenario: The Acceleration / Due on Sale Clause.
For the ...
My friend/business partner and I purchased a two family investment property using seller financing about a year ago. It’s a 50/50 split partnership. I recently inquired about doing a cash out refinance and was told it...
Sounds like a moronic question but I have a deal in which my lender required myself and another one of their customers(former biz part) to form a sales contract on a property that i wanted personally. The sales contra...
Hello, not sure if I'm posting in the right group but I'm looking at buying a home to rent. I plan to have the home occupied by a home health aid service who takes care of people 24hrs day and need a home to rent for ...
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...
Hi BiggerPockets community,If my assignment is more than 20K I should be double closing right? I know double closing also eats up the fees. Are there any other ways to do assignment if is higher?
Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
Hi everyone,
I rarely post but have read a ton from the forum. According to Bryan we're called "lurkers." I have a question about the plausibility of investing in limited partnership shares or LLC's.
Just to give y...