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10 February 2025 | 4 replies
Currently, I have an LLC that operates as a management company, which collects all the income from my two short-term rental properties.
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6 February 2025 | 7 replies
If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.
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11 February 2025 | 7 replies
I dont see how the risk would be reduced on second mortgage unless you are planning to hold the property in some type of llc.
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17 February 2025 | 7 replies
My husband and I are starting out and have created an LLC with an inherited single family property.
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3 February 2025 | 15 replies
Currently own two properties under different LLC.
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8 February 2025 | 10 replies
For comparison purposes, I hold ownership units in a LLC that owns a retail/service center where there is a mortgage loan that initially represented 50% of value, now about 35%.
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7 February 2025 | 11 replies
You also have the option to close these DSCR loans in your LLC as opposed to your personal name.Our team finances just shy of 100 DSCR loans on a monthly basis.
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29 January 2025 | 4 replies
Many of our borrowers/clients have one LLC that owns the building and another than own the operating business.
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16 February 2025 | 2 replies
The problem then was rhat I had 5 different phone numbers and my LLC name was linked to each so then all 5 phone numbers where shut down.
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16 February 2025 | 5 replies
Now, if you're buying in the name of the LLC and you're doing a DSCR deal, that will be irrelevant.