Pichael Miper Holmes
Transferring property to LLC
Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
Christopher Romeo
Using 401K to invest in RE
Does anyone have any insight on the transfer of a 401K from a previous job to use as a down payment on a RE investment? Is it possible to transfer it to a Self Directed IRA and use that on a possible House Hack or Fl...
Ryan Fahey
Fannie Mae (Conventional) Loan and Wanting to Close with Land Trust
Hi all, I have a Wyoming Holding company and Arizona LLC created. I am open in escrow on an investment property that I'm doing with a Fannie Mae loan. I'd love to close with my name not on the title. I know land trust...
Kyle Kulhanek
Retitling a property to an LLC - Chicago
Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years. I'll be moving out, and tu...
David Shifirn
Chicago Security Deposit Account Question
I own 5 units. 1.Do I need to keep each individual security deposit in a separate checking account?2.3 of the units are in a 3 flat. Can I keep those together in one checking account?"Intermingling funds" makes this c...
Account Closed
Partnering with the seller
Hi everyone - I would value any helpful input on this scenario:I've recently utilized an approach set forth by Ali Boone in her article, "How to Best Structure a Partnership for Investing in Rental Properties". She me...
April G
Help! Stumped on Colorados Contract to Buy and Sell!
With 16 pages on this, lots of unnecessary stuff. But line 144 what is the difference between "Due on Transfer-Strict" and "Due on Transfer-Creditworthy"? And as an investor which one is better for me?
Also line 57...
Anthony Kondor
How can I get the downpayment
How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.
Ryan Bird
LLC with a majority interest an exception to due on sale?
I wanted to buy a property through a newly-formed LLC so was planning to take the commercial mortgage route. My mortgage broker told me that a conventional loan is another option as due on sale is no more an issue as ...
Robert Williams
Property not under LLC - can LLC still be used to manage rent and expenses?
Hi All,Will be buying a property soon. I can choose to get a conventional in my name (best rates), or a DSCR in my LLC's name (slightly higher rate and prepayment penalty). Currently leaning toward getting it in my na...