I have great credit although my business partner does not. We want to invest in a few properties together using both of our money down but he does not have good credit. I'm using LegalZoom to form a Multi Member LLC f...
Hey BP friends! I am considering selling my STR SFH (3/2 + 2/1 guesthouse) property and open to seller-financing but I'm hoping one of you experts out there can help me take the right perspective. I owe $600k on a $67...
A novice question here, figured I can ask the Bigger pockets community for some quick help. I'm beginning the process of building my first spec home. How does the tax side of the sale go when I resell? I know it being...
It's hard to find too much information on the community reinvestment act . Has anyone used it before and how does it work ? What are the terms and rates ? Does it go off of credit ? How can I apply for some CRA funds?...
Hey BP,due to some very poor communication, I got an insurance policies on 5 duplexes. This is because I was told that my current policy had relapsed. If I can prove to the other company that these properties were, in...
Hello,Need help from the experts in multifamily apartment property.We are looking at a multifamily property to do a 1031 exchange. One property has 60 units. The taxes on the property are $60,000, which appears to be ...
Hi BP community.
Can anyone recommend a lender that is familiar with 203(k) loans in Canton, Massachusetts or Norfolk County area?
Thanks
I manage about 250 units in a college town, twice a year anywhere from 70 to 120 units turnover. It doesn't matter how much time I spend preparing, charges get missed and parts are installed without approval or in th...
Have anyone heard of this company who profess to help homeowners stay in their home by leasing back to homeowner after they sign the deed over to Bella HOmes. Bella says they will negotiate to purchase existing loan ...
Hi Everybody!I purchased a multifamily in June 2016 using an FHA loan. I did a little research and would love to create an LLC for this property (and possibly future properties). However, I heard from a non-attorney i...