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I'll say up front, I've already purchased my first rental property in my LLC's name. I financed it by getting a HELOC on my personal residence. So now I own this renovated rental free and clear and I have a tenant w...
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This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
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Has anyone had an success in financing through a bank in the area with an LLC or being able to put the LLC on the deed at closing? Additionally, anyone suggest any banks or lending institutions that are very cooperat...
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hey all. I need the wisdom of this ever so intelligent website to answer some questions for me. My real estate agent, lawyer, and estate planner do not have a good enough response for this so I was thinking of reach...
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I am debating if I should change my primary bank but I am still unsure.
Currently, I bank with US Bank. They have a good online system, you can see scanned copies of the front & back for checks and the front &am...
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I learned some formulas on this site. Like what percentages to estimate for repairs and cap expenditures etc. I have 1 business checking account and 1 savings account for my 4 family building. I keep the tenants de...
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Hey BP, I have been constantly scouring the podcasts taking notes and educating myself as much as possible. One of the podcasts with Scott Smith #109 he recommends having your properties in an LLC or a trust for anony...
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Purchasing property for cash. Using private $$ loan for rehab. Will Refi after rehab and/or Seasoning. When going to apply for rehab will lenders allow refi in LLC name? Does refi have to be in personal name?