All Forum Posts by: Michael L.

When buying properties outside of the U.S., would you:

A: form an entity in whatever country you are buying that property in?

or

B: structure one entity that does business in multiple countries?

 Thanks! I know I'll get the best guidance, that's what our BP Fam is all about👑🤙🏼!

 @Jonathan Small, thanks for the guidance.

 @Jared W. Smith, thank you kindly.

 @Mike Hern, much obliged for the feedback.

Salute to my BPers🫡! Hope you all are having great experinces. Got a couple questions:
1. When building a new construction, can the right civil engineer prepare all the necessary site plans w/o needing an architect?

2. When should getting an architect envolved be a "no brainer"?

An early thanks to any guide given.

 @Dell Colvert, respect💯!

 @Sasha Mohammed, thank you for that breakdown🫡.

@Sasha Mohammed, thank you🤙🏼. By the way, what is a closed-ended 2nd? Also, what is a Heloan? An to be clear, for now I'm just learning how they work and how I can use them in different circumstances.

@Nicholas Ruscio, first, thanks for the info🤙🏼. Secondly, so you're saying that if you get a Heloc on a second home (not an investment), that they tend to give you a lesser loan to value?

SALUTE 🫡 BP Fam, I hope all is well this evening.. Question, is it hard to get a heloc on a second home (not an investment property) or is it treated like an investment property? Thanks in advance for all feedback🤙🏼.