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Results (7,381+)
Nick Benedick Partnerships and LLC’s
14 January 2024 | 4 replies
@Nick Benedick this is a common question and a good one :) The answer is it depends and it may not be your choice.Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy a property and plan to do this since not all of them allow this.
Mary-Grace Harley LLC formation after property ownership
12 January 2024 | 4 replies
@Mary-Grace Harley this is a common question and a good one :) The answer is it depends and it may not be your choice.Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy a property and plan to do this since not all of them allow this.
Tyson Scheutze Shoveling Our Way to Success, One Flip at a Time
22 January 2024 | 2 replies
I don’t remember a lot about this particular renovation, other than the trashout, but it birthed standards we tried to always incorporate into our future flips and rental renovations.
Dawon Irvin Tenant-Friendly Bathroom Renovations on a Budget
23 January 2024 | 2 replies
Incorporate GreeneryBudget-Friendly Decor: - Add low-maintenance plants or succulents to bring life to the bathroom
Asad Shaikh Joint Venture Partnership Structure With A Builder: Thoughts?
7 April 2023 | 50 replies
Unless you incorporate, you could become jointly and severally liable for the contractor's actions (e.g., an injury to a construction worker). 
Dawon Irvin Cost-Effective Kitchen Upgrades That Will Impress Tenants
22 January 2024 | 1 reply
- Incorporate drawer dividers for efficient organization.8.
Mike Nelson Asbestos, but limited to joint compound
6 September 2018 | 1 reply
Paint it and you limit the fibers ability to go drifting off and cause harm.
Account Closed Asbestos Testing Question
12 May 2022 | 9 replies
Account Closed Correct, be careful on testing during due diligence, not so sure about regulations before abatement, but I'd imagine that asb fibers might fly because technically you are disturbing the area.