27 March 2024 | 6 replies
I’ll be updating this post as I navigate the process regardless of outcome.
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27 March 2024 | 4 replies
Need help from the accountants out there, there are a lot of posts on this topic but none I could find that address this question and my CPA wasn't much help (may need a new CPA)...I just moved my buy-and-hold rental from my personal name into an LLC as part of a commercial refi.
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28 March 2024 | 28 replies
I understand you’re new to BP (or you’d know who @Dave Foster is and why he could help you) but read your post as someone asking you for help about something you’re an expert and listen how you come off insulting, petulant, and demanding all while being unwilling to answer questions while asking for help.
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27 March 2024 | 12 replies
First off Jason, thanks for replying to my post.
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27 March 2024 | 22 replies
Again, the post wasn't to argue but to inform the reader about SB 280.
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27 March 2024 | 11 replies
Originally posted by @Shahriar Khan:@Pedro Adolfo Garcia you will not get any loan from banks and your LLC will not get any loans for first 2 years as well.
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28 March 2024 | 20 replies
Your credit and some basic liquid assets matter, too.Finally, DSCR loans are for “turnkey” properties only, meaning any property needing any significant renovations or rehab is not going to qualify, and you will likely need to explore hard money options instead.https://www.biggerpockets.com/blog/dscr-loans-terms-to-knowAnd extremely relevant to your post: BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?
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27 March 2024 | 7 replies
Thank you to everyone that has responded to my post.
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27 March 2024 | 9 replies
My suggestion would be to select someone with the most forum posts or most reviews.
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27 March 2024 | 6 replies
Some may have the best intentions, but not all (with no reference to who has posted above, they all could be solid).