Stephen McGrath
LLC Tax and Debt Questions
Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...
Luis Gutierrez
How to evict in Portland OR
Hi first time writing in. We have a rental house in Portland OR and have month to month tenants. They started with a year lease and have been monthly since 2 years ago. We recently finished some major maintenance arou...
Anu Anil
Property Management Firm Not Paying on time.
We happened to buy a house and have been renting it to section 8 tenants. We have had this property for about a year now. We have been using a property management since we have brought this property.Since Jan2015 they...
Jay Audi
Rentals Under LLCs?
Hey everyone, I am just starting out in the real estate investment world: I have a primarily residence that I rent out 1 bedroom of and I am looking to purchase a Duplex in soon. The deal I am looking at right now is ...
Nyoka Gilbert
Help! How do I get a loan? Young, no credit, and practically penniless.
I am a young student (21 to be exact) looking to invest in real estate. I work part-time, and the income just isn't enough to support myself. After rent and all my other bills, I am left with literally pennies every p...
Jarred F.
Commercial Land Lease Opportunity - Creative Advice Needed!
First time poster on Biggerpockets!An 88 year old friend of mine owns 1.47 acres of very prime land located on a busy retail corner. She has owned it for 50 years. She does not want to sell it, but lease it. She would...
Christina R.
Can't see outside the potential box - what do you see in this scenario?
BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
Eric P.
Cash Refi Strategy Questions
Hey guys, I plan on doing the BRRRR method, and trying to figure out a cash refi strategy that will work for my situation. First a rundown on some of the numbers I'm working with and my financial situation:$150k cash ...
Matthew Rayl
Promissory Note past contractual date
Background: My first deal and it's been a bear to say the least. The deal itself was solid, but the business partner has been a pure headache. This deal has been a massive lesson (among countless others) for perfor...
Alexander Gee
Househack offer thoughts
Hey all!I'm looking for some opinions regarding buying a duplex to househack. I have a property thats on mls I made in mind. I want to purchase with a FHA loan so I will have PMI. With this property the owner pays all...