I'm a new investor based in Chattanooga, TN. I just closed on my first rental property and it is tenant occupied. I'm in the process of setting up the new lease agreement and I want to keep the terms the same as the p...
Hello all:
I was hoping someone here could help me with a current situation. My partner and I want to buy rental properties (single houses) by applying as individuals to get better conditions on the loan (interest ra...
The previous management company of a property I purchased did not cancel services with a snow removal company upon the sale of the property and subsequent change in management ( it is now owner managed). The snow r...
Newer to REI. Looking for rented OR tenant occupied duplexes in my area. Has anyone experienced dishonest agents, saying that property is rented when it is not. If they provide a lease, even if it’s month-to-month, i...
I am pursuing my goal to be a land investor, and so far I feel good about having bought a number of lots at a good price. There is still a lot I have to learn, so my question is going to be as basic as it gets. I nee...
Hi my BP Family!
I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...
I am thinking about transferring my rental property in UT to my LLC. The credit union's (PFCU) Note and Deed have the following clauses:Note:If all or any part of the Property or any Interest in the Property is sold o...
I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
I'm in the final stages of rehab on a BRRRR property which I paid cash for and am looking for some advice on pursuing my refinancing options. Unfortunately my credit is not good enough for the refinancing aspect of th...
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...