Account Closed
LLC vs. Personal Name
hi, I am about to buy my first investment property. I'll be getting a mortgage on my personal name, however i am considering to put the actual ownership of the property on an LLC, will that give me any protection i...
Jason DeFazio
Title Transfer to LLC - Avoid Due on Sale Risk
Hi All - my business partner and I jointly own a property in the Philadelphia area and we'd like to transfer ownership to our LLC. However, our property is still mortgaged so we want to ensure this doesn't cause any i...
Will Barnard
The Retirement Secret
OK, its no secret, just a catchy title for attention! Nationwide Property Investments has educated many on ths topic in live workshops and seminars around the country. I hope this thread clarifies and makes for an eas...
Joe Butcher
Free and clear: Cash offer or seller fin.?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Ash S.
Non compliant, rude and arrogant tenant
At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...
Shabyna Stillman
Crowdfunding Question
Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...
Rico See
Closing costs on an investment property loan.
How much in closing costs on an investment property loan should I expect to pay?
I'm closing on a turnkey in Memphis soon.
Nicho Pruett
Inherited home with defaulted mortgage that was never foreclosed
HELP - What should I expect when negotiating? Background: I inherited my childhood home only to find out that my mother refinanced it 15 yrs ago for $70K. She made payments (about $25k) up until about 7/8 years ag...
Joanne Green
question about realtor commission, should this bother me?
I am selling my house and I have an accepted offer. My realtor team is mother/son and what happened was my buyer did not have a realtor so he is using the son-- who was on my team-- but is now also the buyer's agent....
Eric Upchurch
CA Investor - investing out of state
Hey BP,I have a CA LLC (yay, $800/year!). I'm wondering if someone can give me an actual example of "what to do" or "how to do it" as I start buying investment properties out of state. I WON'T take it as legal advice,...