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Hey BP, I have a situation where I'm trying to have Quit Claim deed done to transfers a property into my name.The owner is married, but only her name is on the county records. Is it required for the husband to sig...
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I have my attorneys looking into this now, but could use some of your collective insight and advice on this one. I've negotiated to buy a non performing 1st private mortgage. The lender has already obtained a final ju...
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Hey all. Very confused on where to start with sooo much info out there so let me tell you where I’ve come from. So I guess I am new to investing… kinda. I actually had a failed rental home years ago due to it being s...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
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Hi,A friend is seriously considering building a detached 600 square foot ADU in their backyard in Southern California (specifically the Westlake/Moorpark area in Ventura county). It will have separate metering (electr...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
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Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
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It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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Ok I'm done trying to work with agents!!!!!!!!!!!!!!!!!!!!!!!!!! So I would like to start making offers on mainly REO's by going through the listing agent.
I looked at Stephs' article about finding the contact name a...