Ruth Pistell
Forming an LLC
I have two properties, one with a conventional mortgage and one I own free and clear. I am forming an LLC and want to give the properties to the LLC. Has anyone done this and if so, did your lender call in the note ...
Robert Niessen
Duplex Due Diligence
I put in an offer on my first property last night. It's a duplex in Quakertown, Pa (suburb of Philadelphia). Besides an inspection, estoppel letter for the one current tenant and asking for copy of the lease. What o...
Michael Gayer Jr
Due on Sale - Triggered by Contract for Deed or Lease Purchase?
Newbie Question ...Can a borrower (with a Mortgage) sell his house on a Contract for Deed without triggering Due on Sale Clause?Can a borrower (with a Mortgage) sell his house on a Lease Purchase without triggering Du...
James Wise
JV With a twist. Money guy coming in with a Mortgage
Alright i'm not 100% sure how I want to go about this.
I have a tentative JV agreement in place. I'm writing up an offer for a house to hold as a rental . It will be a 50/50 split. I have a ...
Alvin Grier
Having Issues Searching for Probate Properties in My County
I've recently decided to implement probates into our marketing.
I've found some instructions on how to go about finding properties from probate.
The first step is to check the daily obituaries (for me, they're loc...
Grant Boynton
Turning a 5 acre Multifamily Zoned Lot into a Cash Cow
Hey all,I am new to investing but have a big idea (for me at least). The kind of idea that gets my blood pumping and absolutely jacked. Anyway, here it is:There is a house in the middle of my town (3bd 2ba) attached t...
Jeff Cantrell
Pay no taxes? I’m listening.
I’ve been in realestate investing for over 10 years. I continually hear people talk about “paying no taxes” being a benefit to owning realestate, but I’ve yet to have heard a single explanation of how that’s possible...
Paul Murch
Who records?
Just bought a note from a company online. Who records the new lien holder with the county? Me, or the seller?-Paul
Fred Stevenson
margin from brokerage account to prepay mortgage
Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
Stephanie Castro
We're lending a house flipper $20k at 15% for 60 days...thoughts?
Hello! This is my first post on BP but I've been reading articles for a while now. We are new to the REI world but my husband's brother owns a small rental property and has a team of brokers and a lawyer who he works ...