I wanted to buy a property through a newly-formed LLC so was planning to take the commercial mortgage route. My mortgage broker told me that a conventional loan is another option as due on sale is no more an issue as ...
I am wondering how you go about transferring the utilities into your tenants name. I know for electricity there is a form you fill out and send to the company. Is water and heat the same?Do you have the residents set ...
Some friends and I are trying to start a business owning/operating short term rental property. We formed an LLC for tax and legal protection purposes. When we found our first property, I took out a conventional loan ...
Hi BiggerPockets,Quick question here. Any of you done this before - buying houses with Solo 401k and renting it out. I am located in Phoenix - Chandler/Gilbert area. Good SFR are 200K - 300k. It is hard to buy these i...
I know that every situation is different regarding who the borrower is and the foreclosure regulations regarding the location, but I was wondering how often it happens and how the process usually pans out when purchas...
Who would you recommend to go to for Credit Repair services ? Or Any advice on this aspect period .... I don’t want to get scammed by a credit repair company , Thankyou
Hello, I have a piece of land in Arkansas on a mortgage and a home in wisconsin that’s on a mortgage, both through banks. If I quit claim these out of my personal name into an LLC, will this hurt my credit by closing ...
Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
I have a new tenant and this is my first rental property who has had the property for a week now. He hasn’t moved in yet to be fair but in his lease I noted that tenant must transfer utilities with in 3 days in his le...
Hi BP Community,
I'm at a point in life where I'm considering getting a financial advisor to advise me on the science behind portfolio construction. I very much enjoy managing my own money, and I'm above average whe...