All Forum Posts by: Erica Larence-Penna

@Grace Hartman I highly recommend @Elise Marquette for a lender.  I also have a great agent in St. Louis.  I'd be happy to share her info with you!

@Daniella Steinberg I typically suggest purchasing a property in your name individually for the first few. Use up the conventional loans you are allowed. Also, a lot of people think that holding property in an LLC means they will never be held liable, which simply isn't true. Personal liabilities may be limited, but are not nonexistent. You're also required to file minimum taxes, pay for annual filings with the state, etc. These costs can eat away at profits. You might also have trouble refinancing in the future.

I personally think it's best to purchase your first few properties in your individual name.

@George Rodriguez reach out to @Elise Marquette!

@Jake Tucker you do have to certify that you will be living in the property.  If you are moving to CA, I believe a lender will require you to obtain a letter from your employer stating you are being transferred or that you are authorized to work there.  If you are self-employed there may be different hoops to jump through.

@Paris Capers reach out to @Elise Marquette!

@Jason Nguyen reach out to @Elise Marquette.  They're still doing cash out refis.

@Anna Mecagni she's licensed nationwide!  She's based in FL though.

@Joshua Smith reach out out to @Elise Marquette!

@Anna Mecagni reach out to @Elise Marquette.  She may be able to help!

@Wsam Taiym reach out to @Elise Marquette.  She's still doing cash out refis and is awesome!