I have a SFH 2bed/2bath purchased for 45k 10%down commerical loan in 2016 then put about 20k into fixing it up to rent.

We are currently in the process of selling our commercial property (8 units). The buyer wants to buy the LLC ( better financing) rather than just the underlying asset.What is better for tax purposes and also future le...

Yes, you can only get a Commerical loan if you’re closing in an LLC, no you don’t need an LLC to get the tax benefits of RE-LLCs have nothing to do with tax benefits, no you don’t need an LLC before you do your first deal.

@Michael GreenI invest in commerical MF in KC. 

@Justin O'Malley I'm pretty sure it's a commerical real estate company and I'm also pretty sure they operate in the entire state.

I know it took me years to get an unsecured LOC from my commerical bank.. its significant at something under 500k but it took years of great tax returns and high income in the space to get this.  

I talked my local commerical banker to give me a 100k line of credit to buy timber deeds.. thats out of the box... he has been my banker now 25 years.. and he now lends me over 10 million a year on deals.. but I started with that little 100k out of the box deal in 1992... 

Well, today was interesting!Closing on my first deal and a few hours before signing the loan docs, I get a call from the lender that they can't do the deal with 20% down now, it will have to be 25%! Which equals addit...

The thing about the property is that it's zoned for commerical.

I am meeting with 2 separate private investors this week. We are looking to step up into Apartment Buildings versus the SFH and 1-4 Unit properties we are doing.The property in question is between 1.1-1.4M.  We barely...