All Forum Posts by: Roy Aharonovich

Hello,

I am looking for financing for a property in Philadelphia that I am planning on renovating then moving in once its ready. Conventional loan is not an option, I am currently thinking about hard money. What do you think would be the best way to go about this? I am right now selling where Im living at. The down payment won't be an issue I have enough to put as much as 75% of the purchase price and renovation cost. 

Would anyone know what would happen if I would to buy a property then refi it under the LLC? Is there a way to have the property under the LLC even if its my first time purchasing an investment property?

Would that be commercial lender even tho the properties would be less than 5 units? Currently looking single family and duplex

Hello,

I have a question. I am looking to buy a few investment properties, hold and rent. It looks like my DTI would reach over %50 after the first property since for my personal one I have to pay property tax, HOA fees and insurance. Those payments drive my DTI ratio up. I have an LLC opened with the funds ready to be invested. Is there a way for me to transfer my personal property to the LLC so when I go to take a loan those payments won't show up on the DTI ratio? (There is not mortgage on my property). If so would I have to pay transfer tax/fess?