Nana K.
is it ok to use line of credit / credit card to start
I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
Ayodeji Kuponiyi
Am I Being Scammed? Origination Fee
I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
Eugene Carelli
Buying under personal names or LLC?
Hello! I recently started an LLC with two other investors and we are looking to BRRR SF homes in the Philadelphia area. We wanted to create an LLC for each property we buy so that each home is protected separately. Si...
Jorge Ubalde
Most Prudent Course of Action to "transfer" properties into LLC?
Good Morning Fellow BP rockstars - My apologizes in advance for asking what I'm sure has been a very common question throughout our forums. What's been your experience in transferring properties currently financed by ...
William J Mcmillen
LLC for my first property?
Currently in the process of purchasing my first rental property, I'm hung up on making a decision on putting it under a LLC or not.. Seeking advice, what you guys think?
Shane Brooks
Refinance Appraisal Waivers
Hello, I am looking for advice/clarification on an appraisal waiver for a rental property refinance. Originally, I was working with a mortgage broker to refinance three rental properties. The appraisals were ordered a...
Nancy Bachety
Estate planning for your Airbnb’s and VRBO’s
I’m wondering how to approach this. I haven’t researched it with Airbnb or VRBO (yet) but I’m wondering how that would work in the event of the account owners demise....I have a trust for our properties but we run our...
Jacob Diaz
Transfer out of LLC to make the most of conventional loan?
Hello,
I'm looking into a cash-out refinance for a property that I own (held in an LLC). I found an appealing conventional loan. However, to get the most of it, it would require that I take the property out of the L...
Michael D.
Remote self property management, how do you do it?
Hey folks,I'm getting severely irritated with my current property management company.So far before I closed on the property they had to evict a tenant because they wouldn't cooperate with the inspection.After we close...
Mohan Deep
Bought properties under personal name now moving to LLC
Hey BP community - I bought some rental properties under our personal name and now as part of the estate planning process, I am reading/hearing that I should move these properties to an LLC and move that LLC into the ...