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Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
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Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
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I continue to want to do flips of my own, but finding investor friendly agents has been a bit challenging for me, and based on what I've learned over the months, I should be making triple the number of offers I've bee...
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Hello everyone, I just moved to the Pensacola area and still discovering local groups to network with, so when I found a couple of properties that I'm interested in, but I honestly just want to talk shop and discuss h...
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I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
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I am a new member from Cleveland, OH. I am looking forward to connecting with the Bigger Pockets network.
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My wife and I have paid off all of our consumer debt besides our residence. We have been following the Dave Ramsey money principles and we have a fully funded emergency fund of 6 months living expenses and we are inve...
I just watched the news and heard that there was a 400 point drop in the stock market and it is not going to stop. Will this drop spill over to real estate? I know that many people make predictions about the stock mar...
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Hi everyone,I was looking to answer my own question on Google but I could not find the answer. After the hold period of around 5-7 years in a syndication investment, what happens to your investment? Does the GP pay yo...
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I wasn't sure where to put this, so if it's the wrong category, please feel free to move it.I have sent a letter to the owner of a vacant house in my neighborhood. I'm 99% sure no one lives there. We would be purchasi...