Eric Herrera
Investment and Lending Options
Hey All.
Got an interesting scenario. My brother and father in law are moving to Greenville, SC and looking to rent a property together, as I do not believe they are in a position to purchase a property. I live in Ca...
Ryan Hotza
Any ways to get around banks not giving loans into LLC's?
Hello you all, im brand new to BP so please forgive me. So im looking to get started with a rental property i had been eyeing, my finances aren't there yet to purchase with no loan, so a loan it is. Im actually i...
William Wilson
1st property - LLC
Sorry if this is already a topic somewhere but I want to purchase my first rental property but do it under an LLC. I currently have an LLC in Oregon but its unrelated to real estate. My question is can I obtain my f...
Jason Josey
Refinancing from an LLC I own
Hi all, I remember hearing a BP Podcast about refinancing properties, there was a comment made about refinancing out of an LLC that you own - as long as “your arms length away”, but this method was not expounded upon....
Han T.
Building credit rating as a foreigner
Hi Biggerpockets Gurus and Credit Experts, need some kind advice. I was wondering how can a out-of-country Non-Resident Alien with no credit rating, work around to build a credit rating? Currently due to COVID, flight...
Ryan Cameron
Starting out and Forming a Company
I have been a landlord for about 5 Years, so I'm not technically starting out. Though I am seriously thinking of forming a Business entity (LLC) and I had a few questions:1-Has anyone ever transferred a property from ...
Ryan Halford
How to use LLC money from personal account for conventional loan?
Hello all, The following situation is concerning proper accounting and tax code.My understanding is that I can lend via promissory note to my LLC at a reasonable rate (I plan on applying the 10% rate that is charged b...
Bart Blair
LLC for Rental/Business w/ Mortgage and Property in Personal Name
I just listened to this podcast episode: https://www.biggerpockets.com/...Ryan mentioned that he has his mortgage in his own name but uses an LLC for the "rental business" aspect of income and expenses. He did not men...
Ken Lou
does interspousal transfer deed step up cost base?
Hi,I purchased my rental property few years ago for 300k in Washington State free and clear and since then it has doubled it's value with capital gain around 300k. I'm planning to get married in 2 years and want to bu...
Johnny L.
Using a HELOC and Credit Cards to fund a Flip?
Quick question for all my fellow BPers!I am looking to do my first flip, and want to fund it using a HELOC. The plan is to purchase the property with cash using the HELOC and then using a credit card to fund the rehab...