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Results (10,000+)
Charlie Martin Purchase under an LLC or not?
25 November 2024 | 7 replies
@Charlie Martin Buying under an LLC offers liability protection and separates business finances, but it can complicate financing with higher rates and stricter terms, and lenders may still require a personal guarantee, impacting your DTI.For your first property, consider purchasing in your personal name for better loan terms and transferring it to an LLC later if needed, while using strong umbrella insurance to mitigate risk.
Val Berechet Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
My pals who work at Airbnb confirm that, for the overall majority of their clientele, a 2-hour transfer from the airport is no big deal, especially if they had a direct flight in.
Brandon Brock Eddie Speed Note School
7 December 2024 | 150 replies
Ownership does not transfer to the Mortgagee unless this step has occurred (in this process path) and no bidder shows up at that auction outbidding the minimal reserve given from the Mortgagee.
Mario Am Trees in rentals in Memphis.
22 November 2024 | 1 reply
Generally, I would be tree trimming once a year to cut back any branches hanging over the houses because of potential damage, but also because of insect transfer.
Jessica Howell Funding LLC's, deposits and draws
19 November 2024 | 12 replies
Any transfers should be made through the owner of the LLC and not another LLCSo you make a capital contribution or capital withdrawal.
Jay Hurst What goes into cash to close? What are closing costs and what are pre-paid items?
22 November 2024 | 1 reply
Again, these fees are charged and paid to the lender to complete and fund the mortgage.Third partyclosing costs include title company fees - including the actual title policy, escrow or closing fee, tax certification, and other title fees; governmental charges – including recording charges, intangible, and transfer taxes (depending on your state).
Tiffany Da Silva Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
I have one and they're currently at 4%+, no minimum balance, no transfer fees and unlimited transfers, and they pay out interest monthly.
Carl Trube Assuming the mortgage of my parents house?
19 November 2024 | 7 replies
., Does their equity transfer to me?). 
Kyle Lewis High Appraisal for land I purchased
20 November 2024 | 2 replies
I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.
Fetch Phoenix 1 Property, 3 doors - should we set up a Real Estate LLC?
19 November 2024 | 9 replies
No transfer tax should be involved (see Garn/StGermain) as opposed to an LLC transfer