Hello, I own a duplex in Michigan and I am considering a land contract. I have a 100k mortgage on it, was selling for 140k with $17500 down, 6.25% over 5 years. Is this a good idea? the potential buyer keeps referr...
We have a California rental with no mortgage that is in our trust, so its easier to pass on to our kids. Now we want to put that rental house (which is owned by our Family trust) into an LLC to get some liability pro...
Settled last week. Previous owner is no longer live in the house. However, there are some stuff left in the house as I can see from the window. Here are my questions if you can help, (State: Virginia)1) I have the dee...
Just qualified for a conventional mortgage loan and plan on using it for an investment property. I have no intentions on using the entire amount I qualify for so I've been looking at foreclosure listings online which ...
This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think. Disclosure: Not a mortgage broker...
I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
Hi BP,I would like some input on whether this agent is ripping me off/covering a mistake or if this price change seems realistic...I got a quote on my 3 unit property in Northern California. It is not in a high fire a...
Please provide your insight. What types of services that a virtual assistant could provide would benefit real estate investors?
I understand the lengthy process of doing due diligence, exploring property management ...
All,
I am in the process of creating LLCs for my properties in Idaho an Arkansas (I live in Idaho).
The properties I own are in my personal name. I own a few free and clear and a few with mortgages.
My question is,...
I am finishing up coursework for my RE license so will soon need to choose a broker. I'm going to be using my license primarily for my own transactions, so my primary objective is to find a broker with a favorable com...