Dave Newgass
Selling Rental in Calfornia but Live in UK
Hello,I recently inherited a piece of rental property that's located back home in California but I live in the UK. I am looking to sell the property though so I can invest it in property here in the UK.Can I do a 103...
Eli Kalen
I want to understandPARTNERSHIPS
Hello BP, I'm at a place where partnerships are necessary to my success in REI. Understanding other peoples experiences in the three areas that build a partnership. Is very important right now.If your a Deal finder pl...
Pedro Martins
Assigning a contract to your Self Directed IRA
Question to the folks very knowledgeable about self-directed IRAs:I recently won the bidding for a property at a courthouse foreclosure auction - my "registration" at the auction was under the normal LLC I do business...
Skyler Harkins
Postcards for first hit of target area?
After combing through a number of different posts on marketing strategies, I have come to some sort of a conclusion: yellow letters have a relative high response rate with high probability of unmotivated sellers, a...
Cindy Veit
BRRR method - put property in LLC or personal name?
It has been 10+ years since I have bought a rental property. We currently have 7 loans in our personal name. I was looking for a bank to do a cash-out refinance in our LLC. One banker asked, "why don't you put it in y...
Robert Vieira
Raising Capital for New Construction Project
Hi All,When raising funds for a new construction project, should one have the property under contract first?
Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Gloria Mirza
do mortgages in spouses name count toward 10 home limit?
My husband has 10 financed mortgages with 10 fannie mae loans. If I am put on title will those 10 mortgages count toward my 10 mortgage limit? Does the debt/income from those properties affect my DTI?
Eric Elmquist
How to start investing with a fully paid for house
Hello, I have a large house that is fully paid for in a wonderful area. I make enough money to keep things running and get by, but not enough to really set aside to invest in any great quantity.
My wife and I...
Kelvin J.
Power of Attorney(s) for a frequent traveller
BLUF: Looking for advice or experiences setting up or using Power of Attorney to conduct deals remotely. Background: I am a REI newb and reaching that grey area between self education and pulling the trigger on my fir...