
18 September 2024 | 6 replies
@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.

20 September 2024 | 15 replies
One last thing when looking into 5 plus units you will be in the commercial lending space.

14 September 2024 | 32 replies
I was skeptical, so I spoke with the lender's boss to make sure it would lend.

16 September 2024 | 0 replies
Purchase price: $34,700,000 Cash invested: $7,500,000 192-unit institutional class B+ property located in between the Research Triangle Park area and Greensboro, NC.

16 September 2024 | 7 replies
A set of two multifamily properties are being liquidated and sold near me and it’s about $2M before any possible discount/negotiations with the owner. They are currently almost entirely rented condo or townhouse style...

20 September 2024 | 17 replies
With over 20 years in real estate investing, property management, and lending in the Tampa Bay area, I highly recommend Tampa, Florida, for your US investments.

17 September 2024 | 5 replies
Every so often I have heard people say they have found tax lien/deed lending, but I think that is pretty rare and not widely available.

18 September 2024 | 4 replies
I'm looking to apply these skills to lending/mortgage banking, investment/property management, acquisitions or development.

16 September 2024 | 0 replies
The American Institute of CPA's (AICPA) is advising employers to file the Beneficial Owner Information (BOI).

18 September 2024 | 7 replies
Best to structure and treat as if a property management company from the start.Think like an institutional lender/servicer.