Michel Allen
Multifamily and Syndication investing
16 May 2021 | 4 replies
Not the other way around as the 'corporate veil of protection' is still valid while incorporating a business entity mind you.I think you're asking if alternatively an LLC would suffice as a way to organize, but this can easily be determined with an SEC lawyer (even an initial consultation).Your question indicated about ten people involved in this particular business plan and could be covered under the LLC as well in the ability of 'unlimited owners' (people involved)- but again that's where a consult with an SEC legal professional comes into play.There may be things that even your LLC would be involved with that (if you started there) would pop up on the SEC radar- and it seems better to know how to most legally organize from the start.There are various podcasts and books on this topic for folks in your exact situation, but I would consider maybe just skipping those and going for a meeting with an SEC lawyer from the gate- better safe than sorry, and you may be advised an LLC would work just fine for you.
Brandon Rauscher
HELOC vs Refinancing
8 June 2022 | 9 replies
But, sufficed to say, this isn't the early 2000's anymore and the terms are not better than a fixed rate loan.The fixed rate loan should give your the best terms, really meaning rate.
Paula Miser
Offering tenant a hotel room
29 May 2021 | 11 replies
I also have a limit to avoid them staying at a $150 hotel when a $65 hotel will suffice.
Jason Dirks
Looking for advise in Real Estate investing
18 May 2021 | 11 replies
If you're looking for a complete fixer we need to make sure the home is "liveable" w/o safety hazards and that an FHA/conventional loan product will suffice.
Henry Argueta
What is the best way to get a loan?
16 August 2021 | 15 replies
Otherwise, a credit card would be suffice to boost you over the 700 mark.
David Lyons
Notice to Vacate Given During Escrow
8 July 2021 | 4 replies
My understanding is that leases run with the property, not the owner, so I would think the original notice should suffice.
Aaron Ingram
Quote Architectural Drawings
28 August 2021 | 17 replies
My drawings cost me like 500 bucks and to be honest a handdrawn print would suffice.
Bob Jones
A basic question about reviewing judgments
27 July 2021 | 3 replies
So long as the title examination did not reveal anything to tie the judgment to the former owner, the affidavit may suffice.
Tyler Patterson
Suspected occupant dumping large items
20 August 2021 | 2 replies
A simple sign stating video surveillance is in use as well as leaving written notice about extra fees for dumping large materials should suffice on both fronts.
Victor Menezes
The Role of RE Agents?
23 August 2021 | 9 replies
Suffice to say that was a quick call.