Vu Nghiem
Legal question on structuring a deal
Hi all,
I'm a novice investor that have done a few live flips deals on my own. I have a group of friends that is willing to commit about 300K of capital for me to BRRRR with.
How should I structure the entity so th...
Aziz Meshal
What to do after finding a cash buyer as virtual wholesaler
Hi there,
I’m new to virtual wholesaling which is my plan. The picture of wholesaling is almost clear to me but I don’t know what strategies do I need to do after finding a cash buyer and a motivated seller assuming ...
Andres M.
Stay away from property that's been in the market for too long?
Hi guys. Newbie here from Staten Island. I've been searching for multi family properties in NJ to invest in and came across a couple that look interesting but have been in the market for what seems like a long time to...
Eric Gabriel
$500,000 Problem: Tax Entity? Asset Protection? Use of Profits?
I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...
Jan B.
Have I been ripped off from wholesaler?
I just closed today on my first flip this morning and gave the closer a check for the full price of the property.County records reflect that the owner is Mr Tom Smith. He is in another city and left the property as i...
Henry Kaldenbaugh
Reverse Mortgage owner death
I came across an interesting situation. there are (4) foreclosures that I have looked at and Matt at Montezuma Realty has informed me that they are the result of an owner who took out a reverse mortgage and subsewuen...
Sara Taslitt
Using the Rental Property Calculator
Hello- I am new to the real estate game and I have been practicing with analyzing deals using the rental property calculator here on Bigger Pockets. I watched a video which helped explain some of the numbers, but I st...
AL Brown
Multi family purchase
I'm closing on a multi family (3-plex) next week Thursday. What are some of the major to-do items leading up to closing and after? I already will be getting all security deposit on hand, prorated amount from 6/2-6/30....
Scott White
Making an offer on the house I rent?
I'd like to make an offer on the house I've been renting and living in for 3 1/2 years. It's been functioning as a rented house-hack and we've been model tenants - never late, do our own minor repairs, etc. - and th...
Jeannine Barcarse
discounted 1 postion notes in FL
I have access to performing 1st position notes in Jacksonville, FL. They have a return of 14%. They cost $38K (on property for $60).