Jeremy Bohnett
Getting Conflicting Advice from Lenders
Hi all! I am looking to partner with someone in building an REI portfolio in Arkansas, and need some help on how to go about the lending process.We have posed the below questions to a few lenders, and have received co...
Warren Shinnamon
Can I keep the mortgage in my name while having an LLC?
Hello! I own a single-family house in Portland, OR in my name. Purchased in October, 2021, for $528,000. 30-yr fixed rate mortgage at 2.875%, $85,000 down payment. Currently ~$425,000 left on the mortgage. WIth proper...
Michael Ndjondo makadi
Can a rental be run as an LLC without transferring ownership?
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
Michael Craig
Is $500,000.00 in Personal Liability Addequate for Owner Occ MFR?
As you know, we live in a society where you get sued for looking at somebody the wrong way. As I am shopping for insurance, I can't help but ask myself, "what is adequate coverage for my owner occupied, 3 family home?...
Mike Vu
Rent loss coverage insurance
Buying a fourplex and closing in 2 weeks. My questions how much rent coverage should my policy have? 100% of rent income? 50% rent income?On another note how much liability do you recommend? 300,000? 1 million? Proper...
Amber Hagen
Multi family investing- So many questions
I’m just getting started in multi family property investment. i am wondering if an LLC is necessary or if an umbrella policy will cover me as far as liability?
Also do try to I get a conventional Mtg loan under my ...
Colby Hietbrink
Transfer rental property to an LLC
I moved a little over a year ago and I have been renting out my previous home. The rental is in my name but I am looking to transfer it to an LLC for liability protection. Is there any way to do this and keep the sa...
Tony Guard
Personal Risk When Taking a Personal Loan
I'm buying 2 duplexes and I'm looking at both personal and commercial loans as options. I have done several commercial and residential investments prior and have always done them through my corporate structure. I real...
Rabi Ruddy
Protecting Rental Properties
I have 2 rental properties from 2 different states and i am from a different state. I want to know how to protect them? Do I need to open any company/LLC, what are the possible options?
Ian C.
funding options
I'm looking at options for funding my first fix/flip or BRRR, and wanted to see what experience the forum has with some of these private money lending companies that finance purchase and rehab costs. I'm most likely g...