Jackson Pollack
LLC vs. S Corp with $10 million in profit
I know there's a lot of information out there about the differences of S Corp vs. LLC vs. C Corp, but I have a specific hypothetical scenario that I would like to seek others' opinion on as to which entity type would ...
Eli Kallison
California Tax Sale: Deed of Trust with Assignment of Rents
I am doing some title research on property in California that is being auctioned by the county due to non-payment of taxes. This California State Legislative code outlines which encumberances will survive a tax auctio...
Essam A.
Refinancing as non-resident living in Germany
Hello friends,I am a new BRRRR real estate investor working and living in Germany.Just incorporated LLC in US and willing to buy my first rental property soon, The question here is the "Refinancing" part, As far as I ...
Terry Royce
Figuring out max purchase price from mo rents.
I am looking at a 3 unit with mo gross rents of 1100. The price is too high, but how do I figure out what my max offer is based on the rents?
i know ive seen a "rule of thumb formula" bounced around here somewhere.
...
Garrett Brown
Question about leveraging existing rental properties
Hey guys-
Brand new to the site and really enjoying it so far! My business partner and I have been investing in real estate for about 2 years now and we're looking to take it to the next level but need some advice. ...
John Terry
Sell Rental and Owner Finance Instead?
I have a rental that I own free and clear. The tenant wants to buy it and owner finance it from me. I am trying to decide what I should do. Opinions wanted.Details:Original Purchase price $136,500 Feb 2019 (single fam...
Brandon Stewart
Do lenders lend more than what the home is worth?
Let's just say the home appraises for 200k. Will they approve a loan for someone buying at 210? How about 250k if they put more money down? I know there are lot's of factors involved, and it depends on the lender. But...
Benjamin Molnar
I'm taking the leap, what now?
Thanks to BP's podcasts and forums, I'm currently under contract for a two-family home in Weehawken, NJ. It's my first home purchase and I'm very excited. I've got a great view of Midtown at the end of the street an...
Arthur Iskhakov
Assuming an fha loan
Hi,I have a seller that purchased a duplex using an fha loan in 2021 ($170,000 purchase), and lives in one unit. Currently selling for $270,000. Would I be able to assume the fha loan if my cost would cover approximat...
Rashad Ellis
Purchasing property with an occupied unit
Hi. I found what looks like a decent deal on a 2 family property in Brooklyn. The first floor unit is occupied with a month to month tenant. Owner does not intend to evict. Should I pass on the deal, or put an offer?...