Hello BP,I set up an LLC for my first property back in December. It is a single member LLC and I quick claimed the property from my name to the LLC's. I will have a separate bank account for the LLC, and I have separa...
Hello All, I have a newly formed LLC that I'm going to use to manage my one current rental property and all future rentals that I hope to begin acquiring in 2017. I just formed the LLC and opened up banking accounts ...
Am I, as a seller, responsible for anything regarding a buyers IRA? Is it there responsibility to know what to do legally before we close? Just making sure I am in doing everything correctly as I am not familiar with ...
Hi all - I have a few questions surrounding the idea of having an LLC or some other form of entity. For background I do not have one currently and only have one rental property that’s a single family home but am tryin...
Hey BP fam, Me and my partner recently developed our plans to get into the real estate industry and start investing into fix and flip projects. We are located in the orlando area and were hoping to gain some advice to...
Hi,I'm looking for banks/credit unions/Mortgage brokers that can help me to get a mortgage under LLC.I'm planing to buy few properties around Boston (MA) and i'm trying to figure out how to levrage my money and take m...
Within the last six months I have purchased two SFH properties. One in Wisconsin that I paid cash for 80K & one in Boise that I used HELOC on 175K Currently rehabbing both. I also have a sub2 I’m taking over April...
Hi!
So I am in a rather unique situation where I made quite a bit of money suddenly and thus cannot obtain financing for investment properties, since it's based on the DTI from my W2, which I have already max...
I know that number probably varies greatly between people’s comfort levels and preferences. I’m just curious if there is a commonly recommended amount. I’ve been researching and learning how to get started investing w...
I invested in a new construction house w/ builder(friend of mine) who would build the house(1 year timeframe) since i was new, we never wrote any terms in the contract that the builder would finish(and me being a newb...