Kristi Kandel
lenders who vest LLC at 20-25% down for non owner occupied 4plex
Hey there! My business partner and I are purchasing an investment property that is a 4-plex. We would like to put the property in an LLC but are having a hard time getting a lender who would vest the LLC. Ideally we'd...
Mike Alder
Tips for investing outside your marketplace
Hello BP members, After a recent meeting with some fellow investors in my marketplace Cleveland Ohio it was scary that we all have stories of out of town investors contacting us to check in on their properties that t...
Rafael Floresta
Help me figure out the BS charges on the closing costs my mortgage:
Here is a scan of my closing costs. I know a lot of those are legit, but the settlement charge seems really high, and also the survey. And the Document preparation fee, seems BS. I am already paying for real estate a...
Joe A Warner
Help: Buying Without an Agent?
Hello BP,Calling on all real estate agents. I am lining things up to purchase another rental after the first of the year. This deal came to me off market from the same seller that I have bought property from before. T...
Dominique C.
Take over property or not (deed issue)
HelloHoping someone can help with this answer before digging in deep. I have an elderly ill father with two mentally handicap brothers in the state of Florida. He wants to bequeath his home to me so that my brothers...
Joseph Jones
Memphis REIA
I discovered the Bigger Pockets website several months ago and became really excited about all the great information that is being shared on the topic of succeeding financially using Real Estate. Since then I started ...
Account Closed
Question on lottery type of tax lien sale
I have a question about lottery-type tax lien sales that I'm hoping someone can help me with.
The treasurer's office lists this information on their site:
"A participant of the sale cannot pick and choose properties...
Michael Narup
Time it takes to transact a "Subject To"
Hi BP community, I am following up some Pre-foreclosure leads and would like to know how long roughly it takes to transact a "subject to" agreement. I know it is generally quicker than going out and getting a loan, bu...
Leigh Ann Smith
How to Read Flood Zone Maps
We are looking at property in the Houston area, so flood zones are always a concern when evaluating a property. Frequently, the property itself does not appear to be in the 100 yr. flood plain (Zone AE), but the stre...
Dennis Nemitz
Is it advisable to form an LLC with one duplex rental?
I am purchasing a duplex. Should I form a LLC to protect my personal assets?