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Results (10,000+)
Jokari Trueheart Meeting of the Minds, Lending Strategies Needed
20 February 2025 | 7 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
Matt Wan Can I buy a property without being physically present for any part?
11 February 2025 | 18 replies
Some documents require “wet” signatures… meaning hand signed.  
Austin Wood Seeking a CELOC to make renovations on my 16-unit apartment complex
16 February 2025 | 3 replies
Maybe I could leverage my other business but I don’t know the requirements for that as we do have outstanding loans already 
Kyle Lam How does Refinancing Work?
20 February 2025 | 2 replies
Additionally the lender might require 6 months of payments to be made on the loan before you can refinance again.
Jason Malabute WYOMING LLC REGISTERED IN CALIFORNIA
25 February 2025 | 15 replies
For those, each has its own LLC because I need to segregate investors in different properties (in other words, the ownership is different so the entity has to be different) and because our lenders for those size deals require single purpose entities.But if I formed a separate LLC for each of the 700+ properties that I’ve purchased in my career (all of the houses and small multi), I’d need a full-time legal team just to handle entity administration.  
Blake Johnson Division of assets
12 February 2025 | 4 replies
This requires careful structuring and compliance with IRS rules.Installment Sales or Buyouts – Instead of distributing properties outright, investors can sell or buy out their respective shares over time, spreading out tax liability and reducing immediate capital gains impact.LLC Restructuring (State-Specific) – Converting the corporation into an LLC taxed as a partnership may allow for a more tax-efficient asset distribution.
Dan Gandee Early Issue Title Insurance: Why You Need Every Invoice & Legitimate Contractors
22 February 2025 | 13 replies
So thats why its a bank requirement.. this was a HUGE mess in the GFC.
Lauren Sinz Voice and Text Blast Services
21 February 2025 | 7 replies
Second, beginning in October of last year, the TCPA was expanded to require express written consent for all autodialed calls to cell phones.
Brandon Cormier How did YOU get into your first commercial multifamily deal?
29 January 2025 | 4 replies
Do you have central boiler for water and heat or individual units?
Phil Petite Forming an LLC - Memphis Investor Living Out-of-State
26 February 2025 | 15 replies
This exemption is designed to provide tax relief for family-owned businesses, so failing to meet the requirements can add an unexpected layer of tax liability.