Michael Pitsos
Negative Cash Flow — still rent it?
24 May 2018 | 25 replies
If you must move, sell the current residence, get your equity out and bank it until you find a rental property that makes sense.
Chris Tucker
Seeking Contractors in King County area
24 May 2018 | 2 replies
We are currently remodeling our primary residence and I'm finding some people that may can assist.
Harrison Cook
totally new HVAC system or replace boiler?
26 May 2018 | 7 replies
@Roy N. is the resident expert on this process.
Lisa Li
How to get a loans to start investing in real estate
5 July 2018 | 9 replies
Most do HELOCs on primary residence but not rentals for some reason.
Mindi Rosser
Newbie in Griffith, Indiana - real estate license & multifamily
25 May 2018 | 1 reply
I am a complete newbie when it comes to real estate investing, as my only experience in real estate to date has been purchasing two primary residences.
Sam T.
Using FHA for "primary residence" and later renting it out?
25 May 2018 | 11 replies
I understand that FHA loans are only allowed to be used on a primary residence, so I'm wondering if there's anything illegal about getting a 3.5% down FHA loan and moving into the property, then eventually moving out and turning it into a rental.
Fahad Masud
New Investor from Southern California
30 May 2018 | 6 replies
I currently reside in San Francisco, but will be looking to move to Anaheim in early September.
Nick B.
Investing in El Paso, TX
25 May 2018 | 3 replies
From what I know the El Paso economy has not been doing well and is heavily resided by the military.
Michael King
Owner-OccupiCan the bank tell you which unit you must occupy?
26 May 2018 | 3 replies
The bank that is financing us wants us to provide proof of residence after we close.
Raeshelle C.
Can a MA LLC be an owner of a RI llc?
6 June 2018 | 6 replies
I'm not an attorney but my understanding is yes, you can definitely do that, and I believe things like that happen every day.While I can see some possibilities for why someone would want to set things up that way, I do have the instinctual thought that it might be over complicating things.Technically the second LLC is another layer of asset protection, and maybe you have a very specific entity structure setup for taxes which would make it beneficial to do it that way (an LLC inside an LLC), but it's worth asking the question of whether these is much difference, or much more protection, than just having you (presumably a Mass. resident) be the member of the RI partnership LLC straight-out rather than having your MA LLC be the member.Also, depending on what else you have going on in your MA LLC it may be a disadvantage to have it be a member of the RI LLC from an asset protection perspective - if someone were to be able to pierce the veil of the RI LLC then everything in your MA LLC would be at risk.If you do go with the MA LLC as a member of the RI LLC, when you go to sell the property you'll have non-resident withholding - but you'd have that if you personally were the member of the RI LLC as well.You'll also need to be careful how you sign anything relating to the RI LLC - you'd have to be careful not to sign as member of the RI LLC but as member of your MA LLC, member of the RI LLC.