Dan S.
Refinance rental to avoid taxes - then sale /management in trust
Hey BP community...I am talking to a guy about selling one of my properties to him and I had a question about tax implications as I am being told if I do it this way I am avoiding some taxes...
Here is what we are ta...
Stephanie Lella
BRRR property with no inspection - Baltimore City
Hello BP members,I recently got a potential BRRR property under contract however it is an REO "occupied" property and the bank is not allowing any inspections or appraisals. Based on a drive past, the property appears...
Rob Ringlehan
VA Assumption / Substitute of Eligibilty
Hello BP Nation, I am working on completing my first deal and I am looking for some advice/opinions/knowledge on VA Assumptions. On to the Deal. My neighbor is a recently retired vet and has taken a job in Missouri wh...
Dave M.
What to Include in Binder for Lender?
Hi all - I've heard that it's a good idea to create a "binder" of basic documentation (both personal and related to a property) when approaching lenders about purchasing an existing rental property. I would be p...
Angelica Valde
Will cash-out refinance affect rezoning property from residential to commercial
I currently own a property with no mortgage. Purchased from a church that use to use it as a daycare facility. It is currently zoned residential single family. I am wanting to cash-out refinance. I wanted to apply for...
Frank Jennings
Possibly buying a mixed use property
I am considering making an offer on a mixed use property. It has 2 apartments renting for $450 a month each and 1 commercial tenant renting for $2400 a month. The commercial tenant is a chiropractor. If they leave th...
Mark Huang
How to Structure Multi Generational Property - California
Hello BP!Looking for some advice on structuring property holdings. Background: my grandparents bought several properties throughout California. When they passed it went to my mom and her 4 siblings. There’s two MFH th...
Mark Butler
JV Structure - Preferred Return and Promoted Interest
Hello everyoneMy business partner (a friend from school) have identified a deal that we are interested in purchasing. We have identified an LP investor through friends and family and are trying to identify what would ...
Mark Herman
SELLING PROPERTY AFTER CALIFORNIA TAX DEED SALE
I have a question that most brokers, real estate agents or even Title companies are having a problem with. I have purchased several California Properties at tax deed sales. I received a Tax Deed from the county in my ...
Ozzy Smith
Wholesales using my IRA
I am trying a new (to me) strategy and would like some input.I am currently searching for deals for some out of state investors and I am looking to wholesale them the deal once I get it under contract. This strategy ...