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All Forum Posts by: Ethya Lawani

Ethya Lawani has started 2 posts and replied 6 times.

Private Lending & Conventional Mortgage Advice

Post: Can I use future bedroom rental income for House Hack VA loan?

Ethya LawaniPosted
  • Posts 7
  • Votes 3

@Scott DillerPlease DM me Let me know if you find one. This scenario should be possible with Va and FHA...

https://fhalenders.com/fha-loa...

0 Votes
General Landlording & Rental Properties

Post: Real Estate Attorney in Houston to create LLC

Ethya LawaniPosted
  • Posts 7
  • Votes 3

One thing I wanted to mention is my strategy... I'm looking to do a fha/3% conventional loan for financing and then transferring the title to an LLC and having it in the LLC.

0 Votes
General Landlording & Rental Properties

Post: Real Estate Attorney in Houston to create LLC

Ethya LawaniPosted
  • Posts 7
  • Votes 3
Originally posted by @Lazanedra Taylor:

@Ethya Lawani

Get an LLC - look on Legal Shield help start your business. You need to have a membership but the attorneys can help you start your LLC.

As i'm doing more research, it does look a LLC is the better option

1 Vote
General Landlording & Rental Properties

Post: Real Estate Attorney in Houston to create LLC

Ethya LawaniPosted
  • Posts 7
  • Votes 3
Originally posted by @Bill Hampton:

Ethya,

It depends on what type of investing you are going to do.

If you plan on doing buy and hold investing you don't need an LLC but it's good to have one.

If you are going to do flipping, wholesaling or joint ventures, then you should have an LLC.

You don't need an attorney to create an LLC, an accountant can create one for you.

Good luck and let me know if you have any questions. 

 Thank you for letting me know, I didn't know that a CPA could do it for me

1 Vote
General Landlording & Rental Properties

Post: Real Estate Attorney in Houston to create LLC

Ethya LawaniPosted
  • Posts 7
  • Votes 3

Hello Biggerpockets!

I'm a newbie investor looking to start investing in real estate soon this year. I'm trying to decide between investing with or without an LLC in order to keep my personal assets separate. So, I'd like to see your suggestions on whether or not I should use an LLC.

If the answer is yes, should I create one myself or use an attorney? And if I should use one, do you have any good investor friendly real estate attorney recommendations. I will be investing in Houston, Texas.

1 Vote
Starting Out

Post: Real Estate Attorney in Houston to create LLC

Ethya LawaniPosted
  • Posts 7
  • Votes 3

Hello Biggerpockets!

I'm a newbie investor looking to start investing in real estate soon this year. I'm trying to decide between investing with or without an LLC in order to keep my personal assets separate. So, I'd like to see your suggestions on whether or not I should use an LLC.

If the answer is yes, should I create one myself or use an attorney? And if I should use one, do you have any good investor friendly real estate attorney recommendations. I will be investing in Houston, Texas.

0 Votes