Stephen Hundley
Potential Great Deal but Involves Drug Charges
I found a very motivated seller that inherited a home last year and needs to sell asap. She doesn't want the home anymore and is willing to give it away at a great price. She says she needs $6,000 in the next 20 day...
Jonathan Levi
1031ing a house in California to...?
Hi all!New BP member here and excited to learn from you all. In 2009, I bought a townhouse in California for $590K.Today, that house is worth about $1.4M, and I owe $370K on it.It's bringing in $4,500/mo, but after $2...
Matt Meyers
Setting up a LLC in Indiana for out of state investors
Does anyone have experience setting up an LLC in Indiana when you do not live there? We've started the process, but are being told we need to either be a resident of the state or have an office there, which we aren't/...
Joseph Cahill
LLC and Purchasing first Property
Hi everyone,My partner and I have established an LLC for RE investing. We are looking to purchase our first turn key rental property within the next 2 months and are wondering:1. When we get financing and purchase the...
Jo W.
House hacking - can i "discriminate"?
Hi all,
If i'm house hacking (Side by side duplex, i will be living in one side and the tenant will be living on the other side) can i "discriminate" aka choose someone i like better because i have more things in com...
Samuel S.
Does satisfying “Reg D exemptions” eliminate the need for a PPM?
Hey BP folks,
I know there is a TON of info on here regarding syndications, and it has all been invaluable advice.
That said, and as the title suggests, I am still trying to figure out if a PPM is needed if the fun...
Jorge A Amaya
Help Analyzing a Deal
Hello BP!!
I was approached by an Denver RE Broker/Investor asking to partner up on a deal. Here is the info and options he gave me:
Under Contract at $675,000 - Currently a 1 story home w/basement.
(he's getting ...
Patrick Ma
LLC to hold rental properties in Texas for Solo 401K Investment??
I'm reading that a Solo 401K Trust is already protected from creditors and bankruptcy in Texas. That said, does it protect you in the case of a tenant sueing the owner if the Solo 401K owns the rental property? I'm ...
Mark Buchheim
Debtor filed a lien / loan on his property to himself (fraud?)
This is a weird and possibly illegal activity. I won a $50,000 judgment against someone. His only asset is his house. He has a first and second mortgage and he knew that I was going to put a judgment lien against h...
Terrez Jarrett
Put down payment for private money in escrow ?
How do I go about protecting my down payment when getting private money from a lender? Do I put it in escrow?