I have a complicated situation and I am going to try to express it clearly. I own 5 units in a 64 unit building. I agreed to partner with the owner of the rest of the units. We are upgrading the building and convert...
Hello, I'm looking into buying my first investment property (I'm in Los Angeles), and I found an amazing triplex, which is way under market. I found out that is has a lien on it, because the owner built an additional ...
I am allowing someone to borrow $10,000. And as collateral, they have put up a piece of land that they own. In case they don't pay, I will keep the piece of land. Do I need to put a lien on the property or is a detail...
My friend is non-resident alien, who will invest a lot on Rental Properties, he wants to avoid 30% withholding on the rental income, and get protection for his personal assets, which business entity or business struct...
Dear BP community,
My partner went behind my back and kicked me
Out of a property’s we had an agreement to buy together, how can I put a lien on it ?
We had a buy out clause but he is saying he will not pay.
P...
My understanding is that most lenders will file a mortgage lien on the subject property as soon as the loan is signed so as to preserve their rights, but what if the lender did not do so before the borrower defaulted?...
Back in March 2013, BiggerPockets and J Scott collaborated to release two books -- The Book on Flipping Houses and The Book on Estimating Rehab Costs (check them out here if you haven't already). As part of the book ...
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
Newbie question here: I'm looking to buy a Class A triplex or quad within 10 minutes of my house and doing property management and maintenance myself. I live close to a large university. Of the 20 recently-sold small ...