In the process of purchasing my first flip with two partners whose first flip this will be as well. I was wondering while waiting to close on the house, what do you do to prepare. First thing I will do is make sure ...
Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...
I'm considering the acquisition of a batch of rental condos from a single owner with about 40% ownership of the total number of units within the condo bldg. The batch has significant NOI with immediate opportunity to ...
Hello BP community,If we quit claim a personal property into an LLC, are there any transfer taxes? We are based out of Georgia. From what I read online, if there is no cash exchanged, then there is only a $10 registra...
I hope I can ask this here, my husband and I are currently renting out our condo in Michigan after an unexpected move to Alabama for his work. So now we are both landlords and renters (the move is most likely not perm...
I was forming a reply to a thread "when does someone become rich" and realized the thread had turned to a discussion on taxes. I decided to start a new thread, just on that subject.It has been a huge concern for me th...
I have taken the forum's suggestion and I am attending a local REIA meeting tonight.
Just starting out, what kind of information should I be trying to learn or talk to people about. I'm trying to think of topics I ca...
We have the resources to find lots of RE with large spreads, but not able to fund the Larger deals ourselves. We are in CA, what would be considered a fair distribution to the PI who is/are funding 100% deals. We are...
The topic of loan servicing came up in another thread here on BP and to more fully respond, I thought it was best to do so as a new topic.
I strongly advocate the use of a loan servicer for any installment contract o...
I am just starting to pursue helping people facing foreclosure (in California) get out from under that "weight". Assuming they are unable to get a modification and unable to make up the missed payments and fines/fees ...