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I've been reserching properties in the Minneapolis area. Looking at areas lik Crystal, Golden Valley, Brooklyn Park, New Hope, Robbinsdale. Any pro's and con's to these areas? Is there an area here that is really g...
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I was approved for a large exposure limit line of credit. My understanding about this product is that it is intended for acquiring and renovating, and then I would refinance into a more conventional loan to finance lo...
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Hi, I'm debating whether I should purchase umbrella insurance or setup an llc for my rental. Below is my conclusionIf lawsuit amount > umbrella coverage, I'd be liable for remaining balance and I could lose the ren...
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I was speaking with a lender that was doing a preapproval for me and he said for conventional duplexes 20% are always required even owner-occupied is there anyone that can shed light to this?
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What are the legal repercussions if you lie about being a accredited investor? And what kind of trouble can the issuer get into? What kind of forms do you get from the issuer or is it just on good faith? I am not a a...
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Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
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Good Evening,
I recently posted a questions about filing LLC's, but using the LLC do do business in another state, and I appreciate those who responded..
My question this time is :
My current LLC is in Arizona, but...
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Hello BP,Context: I and a couple of friends are trying to invest in a rental property in Austin. I was wondering what's the best way to hold the title and own this rental property? From my research, tenants in common ...
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I would like to get tax advice from cpa and real estate attorney advice randomly. I was recommended to go for one year business advisory plan 365$ by legal zoom which will cover both tax and legal advices for unlimite...
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So I have read a lot about people using high limit credit cards for the purchase of a property by using plastiq as the platform to do so. I have filled out request to talk with people etc. etc. and nobody ever writes ...