![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190224/small_1621432080-avatar-ashraf14.jpg?twic=v1/output=image&v=2)
2 April 2018 | 4 replies
Issue #2: S-Corp VS LLC: My accountants are telling me that S-corp is better for tax purpose and my attorney is telling that LLC is better for liability protection. so who's correct here?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/135718/small_1621418678-avatar-peter_mckernan1.jpg?twic=v1/output=image&v=2)
11 March 2014 | 15 replies
Example: My LLC series 1My LLC series 2Etc. all properties are protected like they are in individual LLCs however they all fall under "My LLC"Also there is not any extra taxes or accountant work due to them all being under the single LLC for tax purposes.
12 March 2014 | 7 replies
If I lend to a rehabber's LLC for the purpose of a fix and flip, this is truly a business purpose loan, at that point.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1281062/small_1621510945-avatar-alvaror11.jpg?twic=v1/output=image&v=2)
6 January 2023 | 10 replies
Would the seller and buyer agent split the (for example purposes) split the 6%, so each gets 3%?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2145188/small_1632947334-avatar-johnv335.jpg?twic=v1/output=image&v=2)
7 January 2023 | 7 replies
Wondering if anyone has any experience with this or can explain what purpose this serves.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2056997/small_1621517809-avatar-laterrius.jpg?twic=v1/output=image&v=2)
6 January 2023 | 2 replies
These loans can be used for a variety of purposes, including real estate purchases.There are several types of SBA loans available, including:SBA 7(a) loans: These are the most common type of SBA loans.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1787367/small_1694908294-avatar-joeyh47.jpg?twic=v1/output=image&v=2)
5 January 2023 | 2 replies
Hello, I am thinking about selling our Investment PropertyWorth $150,000Purchased for $105,000Down payment was $32000 (Or we could keep renting it out rental profit is $305 a month(selling seems more right))Owe $55,000-----"True Profit" $49,000---------------------------Want to use $81K (DP + Prof) to bring down DTI---Next Step---Refinance out of (VA/IRRRL) Loan so I can get my VA benefit back (Disabled vet = no funding fee; no PMI, etc)Property 4 Plex3 of four units rented (son lives in 3rd and we have a room - remote work)Mortgage is $3100 mthly with a 2.25% interest rateRental income is $4000 ($+/-900 profit a month)PURPOSE: Refi with NEW DTI to purchase a second Small Multi-family at new work location for the VA Benefit**It is worth $700K now and we owe $450K** I'd really appreciate any feedback or thoughts, would love to be debt free except for real estate but if there is some thoughts on HELOCing out of the IRRL and maybe getting some money to buy down % on the new 2/3/4Plex - I am all ears.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/771941/small_1621497052-avatar-tonyl68.jpg?twic=v1/output=image&v=2)
26 April 2017 | 9 replies
I have a small amount of capital to invest with (25k), as well as excellent credit for financing purposes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2117035/small_1679332099-avatar-brucew127.jpg?twic=v1/output=image&v=2)
5 January 2023 | 4 replies
If phone try the computer.Some of those questions seem to be optional, at least for me.At least on the I can see the nightly price.Are they purposefully trying to make homeowners leave their platform?