At what point do you put your home in an LLC?
I found a multifamily and put an offer on it. I want to put it in an LLC but my realtor says that I cant until after closing, He said because the LLC isn't formed yet. So...
Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...
Hi all, Like many here I have been silently reading and listening while trying to learn as much as I can. I am currently in the option period of my second deal. However, with so many of the homes in the Dallas Texas ...
Hello everyone!I have a subject to deal that I am able to get $0 down and just taking over payments. The property is worth about $45,000 and has a mortgage of $43,000. So there's no equity in this property. That's of ...
As technology continues to take center stage in the 21st century, many businesses and industries are looking for ways to leverage Artificial Intelligence (AI) as part of their operations. Real estate is no exception –...
Want your thoughts on this. So, I am in the middle of purchasing a co-op unit for a flip. The property is being sold as-is / cash only by the management/Hoa of the development. The original owner stopped paying the ta...
Hey All! New member here! I searched the forums and couldn't find an answer to this question. I appreciate any advice in advance. I'm closing on a purchase this week with the goal of flipping the property in the next ...
Follow up to original post on buying Larger properties. I hope you enjoy, and feel free to add your thoughts or questions. Rich
http://www.biggerpockets.com/blogs/575/blog_posts/2615
Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000
Q3, 2007 apprasial with quoted repairs $2,000,000
Expenses run 40%, plus vacancy (est. 10%).
Gross income is $330,000
Your thoughts?
Hi all,I'm considering paying cash for a property in Kansas City and then refinancing. Was wondering if anyone know any good arms-length appraisers and home inspectors in KCMO they would recommend?Thanks and I really ...