Kelvin He
Will putting my properties in an LLC lower my DTI ratio?
22 May 2024 | 5 replies
@Kelvin HeSome things to consider:Transfer Taxes: Some jurisdictions impose transfer taxes when property ownership changes, even if it's to an LLC you own.Due-on-Sale Clause: Check your current mortgage agreement for a due-on-sale clause, which might require you to pay off the mortgage if the property is transferred to an LLC.
Jocelyn Bernstein
OTC tax deed/certificates online- recommend people or websites
21 May 2024 | 0 replies
I have gone through ALDOR to purchase and I’ve also purchased through a broker, but I was looking to see if there were websites that also listed them that I could take a look at? Thanks
Andrea Evans
Tell Me More
21 May 2024 | 6 replies
My first and only market as a newbie was Cincinnati but I’m no longer interested after a site visit.Best part - abundant multi-family properties to invest in and you can even get decent cash flow, depending on the area.
Aroldo Gonzalez
Second property investment
23 May 2024 | 5 replies
If you need to access equity for a second investment property, a HELOC would be a better option.Currently, many investors in long-term loans are seeing reduced cash flow due to high rates, taxes, and insurance.
Forest Wu
How to find offmarket syndication opportunities with great GPs/operators?
22 May 2024 | 74 replies
Depending on one's risk tolerance, you can get very good returns and still benefit from real estate's tax advantages as a LP.
Srini K.
Tax Certificates in Alabama
19 May 2024 | 11 replies
When you buy a tax certificate for vacant land in Alabama,1) Do you have to wait 3 years to get the tax deed and in the mean time have no right to the property2) Do you still have to take possession of the land after getting the tax deed.
Mark F.
Anyone every use Constructive Loans?
21 May 2024 | 44 replies
If the dynamic had been as simple as "you need an LLC" I would have gotten one for them, in fact Renovo pre-approved me but did require an LLC prior to closing, in Illinois can be done on line and I think it a 10min form to complete, $150 fee to expedite and I had my Articles of Incorporation the next day.
Adam Pervez
Househacking in Scranton
22 May 2024 | 3 replies
I am thinking about moving from NJ to PA with the higher property taxes in the area I currently reside in.
Tomas Nuno
House Hacking while living abroad
22 May 2024 | 13 replies
HI Tomas, It depends the nature of your job.