10 March 2024 | 7 replies
I noticed some 1031 intermediaries have stated there is no legal requirement for "time limit" after the exchange is complete to quit claim to an LLC, but some recommend holding it in the same title for "some time."
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13 March 2024 | 14 replies
Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.
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13 March 2024 | 10 replies
For example, someone from 2020 on Reddit posted that Zillow background check is completely unreliable...
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13 March 2024 | 2 replies
So in this current economic environment, a "bad risk" is anyone that makes a claim against an insurance policy.The damages have been remediated, the interior of the home has been rehabbed, including a complete kitchen makeover.My insurance agent had difficulty finding me a replacement policy, given that the property was untenanted, and undergoing construction.
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12 March 2024 | 7 replies
Does this sound right to you?
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11 March 2024 | 30 replies
I'm glad to hear that others choose turnkey (sounds like this could be a philosophical debate!).
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12 March 2024 | 1 reply
I've used NSS lending as a broker before and completed one loan with Loan Source LLC.
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13 March 2024 | 9 replies
With 5 units on 4 properties, it sounds like you're single family heavy buying highly distressed properties that take time to renovate.
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13 March 2024 | 7 replies
Facts as stated sound heavily in your favor.
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12 March 2024 | 1 reply
Basically I’m trying to figure out a surefire way to tell, if I buy a turnkey triplex through fha will the numbers align right to pay down the debt created as well as pay my own rent completely or partially.