After talking to 3 different big banks who said "No due to seasoning requirements," I finally got my credit union to refinance with no cash out on the home my parents deeded over to me 3 weeks ago. The refinance close...
I own a house in Redding, CA that has a mortgage on it of $756,000 with OCWEN. I have someone interested in purchasing it and will give me $250,000 toward $1,000,000 purchase price. HOWEVER; they cannot obtain financi...
Hi everyone. I recently found BP and it happened at a great time. I currently have a couple SFRs in Irving, TX but my long term strategy has always been to get into small multifamily properties. After reading Brandon ...
Hello Guys, So a old friend found out I was an investor in real estate and proposed a deal to go in 50/50 on a few properties. The plan was to buy an allotment of homes for long term. The money for the first home cam...
This is a serious look into my first commercial property.I'm running numbers for a commercial medical space for sale at .144 cap rate due to a full service lease being renewed annually. NOI is projected $72,140, askin...
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
Hi all,
I’m working with 2 others to start buying properties to hold and rent out. I’m aware that having properties under an LLC is a smart move for liability protection, I’m just not sure which business entity forma...
Hello all, newbie here with a question for any RE attorney or veteran of using OPM for purchasing real estate.
Suppose that I have a deal sitting on my desk but no money to fund it. I have a personal relationship wi...
There is an opportunity for a complete remodel to a commercial property with store front first floor and residential remaining floors. It is also located in an QOZ. I'm not familiar with the tax benefits, though I hav...
I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit. We have been renting the garage to a guy for storage and have $1250 in income for 2019, and have put about $30,000 in...