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Hello BP,I have run across a few pre-foreclosures by word of mouth and I can never seem to find out where to get info to bid or purchase them. I've checked all the obvious places like the tax collectors office and cou...
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I found a land contract for sale. The land itself is not for sale, the land contract is. My guess is the owner of the contract needs a large sum fast. They say the buyer never misses a payment, but I hope they do s...
Situation: My friend and I want to invest in real estate together we are both willing to house hack. We would like to use FHA loans so we do not have to come up with a significant down payment for investment propert...
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Good afternoon,
A friend and I are wanting to create a partnership for investing, our strategy would focus on BRRRR with some flips as well.
We have very similar financial situations with similar cash available an...
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I purchased a single family home under my LLC as my first foray into rental properties. There are repairs that need to be done to the crawlspace drainage which would cost about 10K. Can I expense that out as a busin...
Hello!
How would I create a 506c? Attorney and formation guidance please! Level of difficulty setting up?I have a group of investors that I would like to lump together as one and create a 506(c) that invests in 506(...
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I am thinking about doing a 1031 exchange and I have a few questions...
First, can it be legally done without a real estate agent to save money? And how?
Second, can it involve my home that has an owner carry back ...
Hey BP,Long time reader/lurker. Decided I finally needed to make an account to ask a question! I own property (vacant land) 50/50 with a partner in a manager/manager LLC. Land may have development potential, may n...
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i recently bought a HOA foreclosure house at auction that had first mortgage lien on it. i did some calculation to figure out the first lien balance but at the end i was so wrong, the amount was twice. is there a way ...
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Hello, I live in Nevada and own 2 rental properties in Florida. Is my easiest and best option to create an llc in Nevada? If so, will I still need a registered agent in Florida? Any advice would be greatly appreciated.