Hi all I have a few questions regarding properties under LLC vs personal for buy and hold / BRRRR strategies...
Can a rental property be under our personal names (mortgage title/deed), but the bank account for renta...
So I'm closing on a third rental. I'm using Heloc for down payment strategy to acquire new rentals and letting renters pay it down. Currently I have one Owner Occ with roommates that I plan on moving out of when the y...
Hello,
I'm working on my first investment property and am struggling with getting a mortgage to work with the title in an LLC. Is there a way to personally guarantee the bank's access to the title?
Also, can anybody...
I have approx $100K that I'm trying to invest into approx 3-5 properties this year but eventually build to 10-15. Getting an 80% LTV mortgage, I can go with a typical investment mortgage (FNMA limits are up to 10 prop...
Do licensing regulations allow for a person to hold both a real estate salesperson license and mortgage broker license? if so, can they act in both of these capacities on the same transaction?If it makes a difference,...
So my wife and I have decided it's time to upgrade our personal home. And I want to see what kind of options we have in regards to getting a mortgage (haven't applied for one in 20+ years)We currently live in a Townh...
I'm trying to write a plan of where I want to be in the next 5 yrs and how i'm going to get there. Problem is, I'm realizing writing a plan is not as easy as it sounds. I have an idea of where I would like to be but c...
2 part question.Have you (or would you) recast your personal mortgage? Were you happy you did? What didnt you like about it?If you did, do you view your PR as an asset or liability? Just want to run some mental exer...
Happy New Year, everyone! A friend and I have very recently taken the leap into the REI world. Although we are currently in New York, my friend has spent a fair amount of time in Georgia and Florida recently, particul...
Hello,I live in Atlanta and next year I plan on purchasing a home. I currently rent at $1250 a month. I have had 3 homes before but filled Chapter 13 during the housing crisis and released 2 and then the 3rd house in ...