Daniel B.
Resource for Corporate Structure Advice
Hi all, my partner and I plan to grow our current portfolio of 5 units to roughly 25 units over the next 5 years and would like to figure out what the best structure would be to hold the properties from both a liabilt...
Ruben Prieto
Moving Rental to LLC
Hola,Please provide input on this situation. The facts:I am trying to use equity in my rental for start up capital.The home is valued at $88.5K. I owe $47K. The interest rate is a ridiculous 7% (which I'm working t...
Seth M.
Need Help with Refinancing Options
Hi everyone,
I purchased a property via 2nd lien foreclosure in Los Angeles County. I am going to be an owner occupant in this property. I am having trouble finding a lender who will allow me to cash out the differe...
Maria Sophia
Auction Bought / Past owner refuse to move out
Hello BP Community -
I have recently bought a property through Wayne County Auction - (Detroit, MI)
Located in Highland Park Michigan.
A Duplex!
Occupied by Past Owner in one unit, the other unit is empty.
I hav...
Ivan Poon
Just got a short sale approved today, can i still get 8000 dollar tax credit?
Hi Guys,
As i understand it, you have until june 30th to complete the short sale to get the tax credit.
We put in an offer for a short sale (for personal use, not investment) back in march and it got approved only t...
Brandon Bell
Lots of equity and cash flow...what should I do?
I have a side by side duplex I have been house hacking for the last 4 years and I am unsure if I should keep it or sell it. I want to move to a single family (maybe build the house) but I don't have a ton of money sav...
Jeff Ronningen
Accounting Software
Long time reader, first time poster. I'm building a portfolio of properties, have 5 currently which total 14 units. I'm about to form my second LLC. I plan to keep growing and will probably create more LLC's. I ha...
Najee Hoggard
Questions about Wholesaling
Just trying to learn more about the basic fundamentals of whosaleing. Do you have to have a Liscense in order to get into whosaling ?
Neems Y.
New member introduction
Hi BP community. I'm Neems & I just joined (woohoo). I'm from the central coast of California and am working on developing a RE portfolio. I would like to accomplish this by collaborating with esteemed colleagues ...
Marco Cruz
How do I structure my LLC if I planned on acquiring Investors
So I've been breaking my head for the past couple of weeks, and no accountant or attorney have been able to point me in the right direction for how my LLC should be structured. (Disclosure I'm a Newbie investor, for ...