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I purchased a foreclosed house from the court house steps and now the previous owner want to repurchase it from me. He originally owed the bank $80,000 and I have agreed to sale the house back to him from $35,000. ...
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Hello BP Community: I had a question in regard to the accuracy of surveys. I own 2 side by side parcels of 50 feet each (100 feet total) in an older section of town and I have neighbors to the east and west of me (we...
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So I have a LLC that contains 3 properties, 5-year ARM mortgages on them. I'd love to lock in low 4% 30 year fixed rate mortgages, talked with my banker and I would have to quick claim deed them to myself and partner...
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I currently have five properties in my portfolio and I’m looking scale. I landed my first private money lender - a friend that I grew up with. He is setting up an SDIRA to invest 25k with me at 10% APR. he wants to...
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A friend and I plan to partner on buying rental properties. We'll contribute equal amounts of capital up front, share roughly in the workload, and share profits. We will write a proper agreement spelling out all expec...
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Can any investors lend insight into costs associated with purchasing parking spaces? I’m interested in buying one or more and expect the following costs:
Cost of space itself
Taxes
HOA fees, if any
Anything else? ...
Hello, this is my first post on the forums but I am a big fan of the Biggerpockets books and especially the podcasts. I am currently in the closing process of purchasing my home that I will be living in. I am buying i...
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I am converting a property that I have a personal mortgage on into a rental property. I would like to put it into an LLC and bring a partner in who would share equity through the LLC. I am looking for input on the bes...
I would like to start a LLC and was wondering do I have to transfer the property into the LLC right away or can I do it at a later time?
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I bought a duplex about three years ago from a turnkey company. They already had property management in place and I continued with that pm. I am in the process of switching to a new pm and I just found out the turnkey...