All Forum Posts by: Vadim Sedletsky

Thanks for the great comments everyone.

Another question - Tax wise it doesn't matter where the LLC is located?

Hi BP professionals, 

My question for today is where should one open an LLC - is there a difference? benefits opening in a specific place vs other places?

I own a couple of duplexes around, but all of them are registered under my and my wife's name. thinking about moving forward and continuing with some commercial loans vs private mortgages I understand it's the next logical expansion path.

Thanks,

Vadim

Thank you, I'm still trying to maximise my residential options.

Vadim

For sure. the plan is to use a broker. 

Hi Folks,

Looking for best practices for a two-dual-family refinance.

Some information:

Both of the houses are one next to the other, sharing a huge parking lot for both of them.

4 units total in this project, probably will considered as two different loans if id to private load, or one single project if ill to commercial loan.

The purchase was done cash – 246K, last August. 

Currently the cash to cash is around 8.5 percent (rents under market), but if I refinance it should be around 14.4 with the current rents with 30% down.

Any tips/or good places to start looking for the right lender?

Thanks,

Vadim

Cozy and any other app.