29 April 2019 | 1 reply
How many of you had banks call note due on the loan when you transferred the rental property into LLC?
11 September 2019 | 17 replies
Definitely echo the sentiments that $0 money investing is much more myth and marketing snake oil than being plausible.Closest thing I know to quick easy funding is a 0 fee, 0% credit card balance transfer but not everyone can command 30K plus credit limits and I wouldnt recommend that path unless you are equipped to handle that debt once the promotional APR expires
1 May 2019 | 8 replies
This allows you to defer recognizing the income by transferring your basis to the new property or properties.
28 April 2019 | 2 replies
Then if a property is purchased, you can transfer some of it into a mortgage.
28 April 2019 | 4 replies
@Trevor S FosterThe quit claim transfers it to you if the quit claim deed has your name on it.
28 April 2019 | 4 replies
They all receive the same data.....none of the “values” are accurate.
7 May 2019 | 11 replies
You can substitute experience for market knowledge by spouting off a bunch of accurate data about absorption rates, comparable sales in a neighborhood, finish levels of renovations, etc.
3 May 2019 | 5 replies
You should use limited warranty deeds to transfer the rentals from your personal name into your LLC, put all rents into the business account and buy a good umbrella policy for liability protection.
13 May 2019 | 9 replies
Tax liens have to be cleared before ownership transfers.
29 April 2019 | 2 replies
I’ve used a strategy called the balance transfer Strategy.