Travis Buchanan
Personal Loan Repayment - Implications
I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...
Itteahad Zihan
How can I raise the funds for multifamily
I'm a newbie real estate investor. I see this huge opportunity in my neighborhood, a multifamily house with 6 appertments each can generate at least 2500 thousand dollars or maybe more then that and the total buildi...
Janine Kelbach
Foreclosure Question for a flip deal
Hi everyone,We are cash investors starting out in the Northeast Ohio region. We are looking to find some flips in the Lake County area. We found some foreclosures and found the banks tied to them. We see them listed a...
Juan P Gomez
Name on deed not on mortgage, if I'm being sue could they go take
Hi , I may be getting sued and I currently have my name on a deed but not on the mortgage. My Mother purchased a home 4 years ago and put my name on the deed. I am not on the mortgage and it is currently a residential...
Janet Leary
What should I ask investor who offered to sell me a rental in TX?
A friend and long-time investor offered to sell rental house in Marlin, Texas to me. He will arrange to have his long time property manager manage it for me for $50/month. We both live in Los Angeles. This would me...
Amir N.
Recommend transaction broker for first investment deal?
Hi BP,Transaction broker: some agents in my area accept a flat fee or 1% of sale price to only do the paper work and take care of formalities i.e. facilitating the transaction.Do you think for my first deal (buying wi...
Gary Alford
One dead owner, dissapered ex-wife, grandson has quite claim deed! HELP!!!!!
Hey BP,I was doing my daily Craigslist Lead search and came across someone with a crazy situation that I could use some help with. The owners were married and bought a house back in 1980 something. They divorced and t...
Roger Pucket
Legal concern/entity set up
I know it is always appropriate to get legal council from a lawyer, but it is always nice to get multiple perspectives (particularly so as there are multiple attorneys with Bigger Pockets).
I’m incorporating a broke...
John Smith
Owner financing and taxes
In a situation where somebody owns property free and clear and sells it to a friend and agree to non interest owner financing , what they need to report anything to IRS besides that one sold the property and the ot...
Eric Giovannucci
Obtaining RE License
My wife and I have contemplated getting our license to both help kick-start our investing career, and provide my wife with a career while we build upon our business. We are new to the thought of becoming agents, and h...