I have a rental property under an LLC which has 3 members that we want to refinance.We want to deed the property to one of our managing members who has the best credit score. The member will then refinance the proper...
I'd like to set up a LLC to protect me and any future assets I acquire but not sure how that will affect my borrowing ability. This will be my first property. How is borrowing affected when you borrow as a LLC as oppo...
Hello everyone, rei newbie in Ohio with a question regarding how to own my properties. I am in the process of acquiring a four plex on a land contract and a duplex which my family and I are house hacking. We are going...
GuysThis is sort of a continued post from the thread belowhttps://www.biggerpockets.com/...I have a few k1's with syndicate and ATM funds which have invested in many states (12 for me). I spoke to my local CPA and he ...
I’m in the process of buying a piece of property that is 3.5 acres, and will develop/build it to have around 35 units. I will likely do townhome style units, but still deciding. My engineer is asking if I want to go...
Hello everyone!One big question I have is - Are there any downsides to transferring A 30-year conventional loan to a LLC after closing? Any risks or fees one should look out for? Anything specific to Cook county?
Is it possible for 2 individuals to get separate home loans & close in on one house? Or would it be easier to set up a Corporation in which we are both involved in and get a business loan for the house? Please let...
I'm ready to dive in to rental property purchases in Palm Beach County, FL. Will be doing so with a family member and I don't know whose name(s) the property should be under, whose name(s) the bank accounts should be ...
Hello! My name is Steven Quintanar; I'm located in Dallas, Texas, and I've been a member of BP for a few months. Truth be told I've spent more time listening to the podcasts than I have on the website, but I'm making ...
HelloI'm interested in renting out a single family home by the bedroom. I'm curious how you find several strangers who want to live together in the same home. Also how do you determine the rental price per bedroom. ...