All Forum Posts by: Deepak P.

Ryan - I just went through that pain. Filing can be done online in most states. However, I recommend self service online filing ONLY IF you are filing in your home state (as you can be the registered agent in your home state). Filing in another state requires a registered agent in that state, and in that case you as well have that registered agent do the filing for you.

But remember, filing is only one piece of the puzzle. Book keeping, tax treatments etc are better handled by professionals and at least one consultation with these professionals can always help.

Those of you in New Jersey Mercer county area - can you recommend an investor friendly contractor in the area? This is for a low end rehab project.

The hard money lender that we are working with will only lend if an LLC holds the title, not me as an individual. Our exit strategy is to go for a conventional refi, but if title is held by an LLC I suspect conventional lenders will not want to lend to an LLC, especially one that was created within 3-6 months prior to refi application. If we do quit claim on LLC and take title on our name, technically the loan that we are refinancing is still on LLC's name - so is that not an issue to the conventional lender? Thoughts? Any suggestions on the best course to refi?

Thank you Joe. "Pay more" bothers me as this is our first remote deal, but we'll talk to Chris.

Any more recommendations from others in the area?

Request to investors in the Cincinnati area. If you had a good experience with a contractor in the area, do you mind passing along the name and contact details? We are closing on a property there and need some work done (new kitchen flooring, fixing a leak or two, window replacement etc)

Thank You,
Deepak