I'm new to REI, but have done many other endeavors. I bought 2 houses and rehabbed them for cash. My plan, of course, was to refi and take out what cash I could and continue to leverage it. I started talking to lende...
Hi! I have a 5% investment with my parents in a commercial property. I was wondering what the tax implications would be if they were to buy me out? I was hoping to use that money and some of my savings to purchase a h...
I own a property that is zoned commercially. I want to put a business there. My wife has an LLC she established several years ago. I’d like to transfer the property into the LLC prior to beginning the business. Ex: f...
Hello everybody my name is Erick Villalba I will be looking to house hack a multi unit apartment 2-4 units I am from Phoenix Arizona and would appreciate any suggestions to get started and find a good deal. Thank you ...
Hi BP community,
So a partner and I are looking for our first deal but had a question around how we should proceed. We have the funds to offer cash without any loans but would like to then refinance to pull out cash...
Hi everyone, I am so glad I found this forum. It has been a wealth of information. I am now comfortable asking for advice as I have read so much in the last four months and attended a few seminars. I feel though since...
Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
A close friend of my resident manager would like to rent from me. He has two evictions on his record (which he initially lied about, but supposedly has turned his life around in the last few years, according to my res...
What a mess. I have been trying to close on my 3rd deal for months now. The seller got rid of the deadbeat tenants. I thought all was well.
Then my title company informs me that when the seller bought the pro...
Hi, I have one prospect that has sent me a rental application/documents and I had sent them an invite from a tenant screening company. They have not responded (invite sent Thurday, August 15 and no monies were col...