Jinglei Shen
Appraisal comes back lower than asking, seller is not willing to return deposit
26 February 2025 | 6 replies
Quote from @Jinglei Shen: Seller is a real estate agent, based in Ohio, he owns an LLC to flip house and invest in RE, this property is owned by this LLC.
Michael Nelson
Hard money loan repayment ? for brrrr deal DSC question
25 February 2025 | 10 replies
Hi everyone, heres my BRRRR situationpurchase price 520,000rehab 25,000Appraised at 600,000Rents are now at 1950, 1850 and 1600 totaling 5400My question is can i get a DSCR to take out all 545,000 as the rent roll to to a mortgage for that amount would ratio out to around 1.4 but....obviously appraisal is not high enough for 80/20Any info on this or suggestions would be great.
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
14 February 2025 | 161 replies
The trust owns an LLC, let's call it Asset LLC.
John Paul
Craig Sparling
LLCs in Illinois - Secretary of State
20 February 2025 | 3 replies
Typically, I avoid using a series LLC in Illinois because each cell requires state registration.
Anthony Rondinelli
Rental properties affecting DTI
24 February 2025 | 27 replies
It's crucial to keep your personal finances separate from your LLCs and rental properties, and I strongly advise creating an LLC for each property that you work on.
Jonathan Warner
Jordan Hamilton
Need tax advise for my 2 STR recently cost seged
18 February 2025 | 10 replies
For example using and LLC to take revenues from properties Etc.
Krystal Lozano
Multifamilies in Pennsylvania - Should I?
6 February 2025 | 4 replies
Along with getting started pre covid as well.
Jose Mejia
refinancing a property from hard money lender
24 February 2025 | 29 replies
@Jose Mejia I assume this property was purchased under an LLC.