
20 May 2024 | 5 replies
Make sure you're working with a reputable business and double check they have insurance.

22 May 2024 | 6 replies
And an immediate transfer into a new LLC may not protect you since you still will own the seller LLC.I know investors do this kind of thing to save on property taxes.

21 May 2024 | 0 replies
The lenders I've spoken with start asking for documentation "to validate the financial viability of the business" even though there's clearly more publicly available information from these companies than any kind of private investment.

23 May 2024 | 9 replies
If something goes sideways, I would be willing to bet 90% of these single owner LLCs formed for "asset protection" would be easily accused of piercing the corporate veil, and collapses the whole thing anyways.Depending on the state you are operating in, even if you use a Wyoming formed LLC, you will likely be required to register in the state you are operating in, which may require disclosure of that information you don't want to give up already - check to see what those states require for disclosures when registering a "foreign" LLC that is operating in the state.Literally no federal income tax benefits to where your LLC is registered.

22 May 2024 | 13 replies
That’s got to be worth some kind of discount.

22 May 2024 | 0 replies
How can I get an FHA Loan for an auctioned home when FHA Loan requires an inspector to come check out the building and auctioned homes generally don't allow for people to inspect the house until after purchase?

21 May 2024 | 2 replies
@Barrington Smith I'd be happy to walk through this deal in more detail via phone of webinar if it would be helpful, but at the surface I have the following thoughts:- I'm unsure what T5-0 entails, I'm assuming its some kind of mixed use.

21 May 2024 | 13 replies
Using other loan types not only are non-conforming for you to occupy (DSCR), but the downpayment minimum and the rate will be much higher kind of defeating the purpose of doing a house-hack.

21 May 2024 | 3 replies
In general, what kind of things should landlord be looking for when buying landlord insurance to protect our interest.

23 May 2024 | 11 replies
Check out some ideas for staging bedrooms.