Property: Airbnb Condo in MontanaTitle: in LLC (Bought in 3 partners personal names Chris, Tim & Gabe. Warranty Deed transfered to LLC.)Loan 1 - Mortgage: guarantors: Chris, Tim, Gabe (Second Home loan 20% down)L...
Today, I wanted to highlight some of the features for the First-Time Homebuyer Assistance Program in Utah. There has been a lot of Buzz about this program and what it does for first time homebuyers and when it is appr...
Hello recent college graduate considering purchasing a Duplex in the Boston area. Quincy to be more specific (I work in Dorchester). Im currently renting a one bedroom apartment for $1400 and the way the cost of livin...
Hi, this is a newbie question and i don't know if it's over-posted. I'm planning to buy more rental properties this year. And I'm thinking having a LLC structure to have more legal protection on my own and on my prope...
Hello BP,The time is coming near for me to seal the deal on my first investment property. I have been due diligently studying markets, books, education, podcasts, and mentors for almost 3 years now. I have come across...
I work an 8-5 as a Software Engineer in Memphis, TN. I want to get into real estate investing to replace my job in 10-15 years. I see a great opportunity in the Memphis area, and I want to take advantage of it. "Blue ...
Can you please share your insurance coverage and quote for a property in Birmingham, AL. I am in the process of acquiring a $83K property and the insurance quote I received was $1000 per year. This is my first propert...
Evening BiggerPockets community,
I have been sitting on a preapproval letter for a couple months, analyzing deals daily, waiting for the right deal. I finally found it yesterday. A bank owned 3/2 foreclosure in my ne...
About a year ago I moved out of my primary residence and began renting it, which means I have 2 more years to sell and avoid capital gains taxes. The house is in Old East Dallas, about 100 years old, in a non-protect...
I know there are a million threads already on BP like this, but I didn't see anything that quite addressed my question.Has anyone purchased a rental that had an older tenant paying far below market rates? We're in con...