Andre Le
Refinancing parent’s home
Hello everyone,My parents have about 200k left on their mortgage and I think around 150k in a HELOC. The house has appreciated to around 2mil so there’s about 1.6mil in equity. I feel like the equity sitting there is ...
Keleigh Felder
Presenting Subject-To Offers
How do you generally present Subject-To offers and get them accepted by the seller?
Anna Catron
Chapter 13 Bankruptcy-House purchase
6 months ago we offered to pay a woman for her home as she was in Chapter 13 and considering putting it on the market. It has been the craziest process I've ever seen. She doesn't know how to move the situation alon...
Michael Waskiewicz
Does it make sense to set up an LLC?
Hello,I own a home in Westchester NY that has an accessory dwelling unit which is a small apartment above the detached garage. Would it make sense for me to set up an LLC and what type of benefits would I receive fro...
Kaitlyn Askey
Managing Properties for Parents, LLC or No LLC?
My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
Travis C.
Proceeds from primary residence investment decision point
Hello,I'm not a newbie investor, but wanting to see if anyone has any fresh ideas outside what I've been mulling over.I am selling my old primary residence that I just moved out of recently and it is free and clear. I...
Harris L.
What should I do next with a condo if hoa is increasing? quick analysis & discussion please.
Before coming to BP I bought 3 condos with HOAs.. and I'm realizing now why many people don't like properties with HOA... I have a question related to this.. one of HOAs have been increasing...started off at $278-4 ye...
Mike Mazzucco
Licensing requirements for Hard Money Lending in Arizona
Hi guys! Anyone out here a private hard money lender in AZ? Trying to get my head around all the requirements to get in to the game. It seems like you (maybe) need a Mortgage Broker or a Mortgage Banker license in A...
David Little
Two LLC related questions
1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
Tristan Desforges
Moving, want to rent my house out - LLC or no?
Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...