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Results (10,000+)
Carlo D. Banking problem can't open a bank account for my LLC
28 August 2024 | 5 replies
I have no doubt @Carlo D. will be able to open the bank account he desires but when it comes so submitting loan applications the lender's underwriting team not only has to underwrite the property and review the borrowers PFS and personal information but also has to make sense of the ownership structure and who will be required to guarantee the loan.
Cortni Bronson Investor financing / support option
28 August 2024 | 2 replies
Cortni,Yes, you can essentially create an LLC or S-Corp so that you can "Sell" the land to an investor where they use the lands collateral as equity and build a home.
Aj Ulloa FlippinSimple mentorship program
28 August 2024 | 2 replies
If so, I'd love some feedback, as I can't seem to find many student reviews.
Marcus Griffin Buy subto sell via wrap question
27 August 2024 | 15 replies
You no longer own the property, so you can't refinance out of a note call.c.
Jason R. Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies
Banks like Wells will open one for the master llc but not the cells, so that won't work.I know the larger institutions typically shy away but I'm sure there are others in town willing to do it.
Kyle Weinapple If so, which LLC option is best?
19 August 2024 | 13 replies
So many of the benefits of a Nevada or Wyoming LLC Etc. are gone anyway. 
Robert Garcia Private Money vs. Traditional Financing: Which Is Better for Investors?
28 August 2024 | 1 reply
Most of these options will have either no PPP (especially for rehab loans) or adjustable PPP's so you can tailor the loan to your strategy.For long terms loans PML's and traditional can be quite competitive, but I'd say that the main advantage for traditional would come in long-term loans for commercial properties.
Vinny Incognoli HELOC Primary Home for Down Payment?
28 August 2024 | 18 replies
STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.
Derek Tuohy Tax basis - Joint Ownership or Inheritance?
27 August 2024 | 6 replies
My mom is in her 80s but she might live to 100, so if I were in your situation, I would not be thinking about "would it be better if mom died".Academically, I think you could inherit her shares at a stepped-up basis.
Amanda Grunberger 35-unit Motel turned into Airbnb…
28 August 2024 | 4 replies
It’s an older motel, so other hotels are getting more guests.