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27 May 2016 | 12 replies
I am going to meet with a CPA this Friday to talk about do's and don't s before I start my journey of buying investment properties and potentially initiate my LLC start up process.From reading your explanation I am asking if closing a property under LLC is not favorable for big lenders and later on, converting title from individual to LLC could violate the clauses of mortgage agreement, why do I need to have LLC formed if I can't use the advantages of LLC to protect my personal assets against lawsuit or bankruptcy?
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18 July 2016 | 12 replies
He was forced into bankruptcy in 2011 and the park was sold by the receivers for $14 million at 31% occupancy because of the rent raises he was forced to implement.
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28 March 2017 | 14 replies
Any loan will be a full-recourse loan so one unexpected capital expense and you're in bankruptcy. 8.
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12 April 2017 | 0 replies
We executed a terms contract and after the fact, I learned there was a final judgement against him for last November and now he is in bankruptcy.
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10 June 2021 | 11 replies
Trash can't ask a judge for a Continuance or file for Bankruptcy.
29 June 2018 | 4 replies
In short, I'm not sure whether I have a bad property manager.Background:I acquired two duplexes (4 doors) north of Conway AR, 3/5/18 from a bankruptcy court.
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24 May 2019 | 5 replies
I've been through coming from humble beginnings, marriages, divorces, foreclosures, bankruptcies, etc.
12 June 2019 | 6 replies
I contacted the city for a refund of my $85,000 cash and was told my funds couldn't be released until a judge made a final decision on this bankruptcy.
16 May 2016 | 20 replies
Currently i require: non-smoker,income 3x rent with pay stub verification, no bankruptcy/felonies/evictions, 5 years rental history/good references, employment verification, submit to background credit check (i don't have any set policy on minumum credit score yet),1st month payment and security deposit due at signing, must comply with online payments.
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7 June 2016 | 29 replies
You end up having to file bankruptcy.