
24 November 2015 | 15 replies
Additionally, for me to refi these onto commercial notes would mean higher monthly payments, and my commercial lender would also want 20% down and for me to have a minimum of $36,000 in the bank in reserves to cover a year's worth of mortgage payments (which I don't quite have right now).So even if I wrote up a contract to purchase them and refi them, my bank would look at purchase price for the loan, not appraisal, so I'd have to come up with 20% of $174,000 for each one just to get them bought.I talked to my lawyer about setting up an LLC of some sort, and the lawyer was scratching his head on how to structure this.

25 November 2015 | 7 replies
(however this mirrors the college grad scenario of if every job requires 2-3 years experience how do you ever get a first job) And even if you could separate the LLC from you personally, how would the LLC's DTI every qualify?
16 December 2015 | 14 replies
Too may non responsive questions about the note, nothing recorded and their attorney wanted me to give them permission to sign for my LLC.
24 November 2015 | 0 replies
Does anyone have any experience working with BCC Holdings, LLC for a contract for deed transaction?

24 November 2015 | 1 reply
Hello BP,Has anyone here ever put a contract on a property in Maryland using a newly formed LLC then before closing transferred ownership of the LLC to another investor buyer?

26 November 2015 | 4 replies
I'm lining up my ducks to get into my first purchase and wanted advice on series LLC formation.

30 November 2015 | 11 replies
., requires the purchase be by a human buyer, not an entity (LLC).

28 May 2017 | 19 replies
Ultimately I was talking to a property manager in Grandview (who i found through a series of connections originating from @Mike D'Arrigo).

1 December 2015 | 14 replies
It is just a series of decisions that slowly go down hill.

11 December 2015 | 22 replies
@David Faulkner,No - and LLC alone will NOT protect you.