Typically, banks offer a higher interest rate to LLC than Individuals so you can see why this might cause a problem.If you move forward, then you would just update create an entry to put the value of building/land in asset and note payable in liability.

Just as individual property expenses vary from one to another.Try to connect with other investors in your area.  

She is still living in the property and paying rent but they're both showing interest in signing a new contract to live at the property individually.

It's a strange configuration, and I haven't gone to see the house yet, only saw pictures online. 

Hello everyone, my wife and I are preparing to take an online real estate course for the state of California.

I've been looking on the big common sites like Century 21 and Zillow, but I'm only finding individual units in Townhouses and such. 

Everyone's situation is different so it really depends on an individuals situation.RE depreciation: Under recent tax changes ALMOST everything is deductible in the year its paid.

With a degree in applied mathematics the numbers don’t scare me and I know one day I can get out of the banking industry IT world.At this point I am looking for my first rehab property to fix and flip on the east side and to network with individuals and mentors.

You can only count income for individuals that are applying for the loan.

Choosing a online school has been mind blowing.