I am doing a cash out refi on my personal property so we have the cash to buy a BRRRR. This is our first time doing this and after reviewing the refinance mortgage paperwork there is a page for the commercial purpose ...
is there any experience investors out there who has a bigger complex they would like to go in on with me ? I can fund part of the deal .
Hi everyone, I currently own 2 rentals under my corporation. My mother let me use some of her line of credit to purchase both properties. One house I borrowed 80k and another I borrowed 30k. The interest on the credit...
I am about to put an offer in on a small marina with a common house and a few slips. It's on the the eastern shore of Lake Michigan in the state of Michigan . The house is shared by the slip renters and gives them
A k...
Where to hold your Cash Reserve and money you are building up to buy more properties? I have mine in a regular savings account making 0.75% interest. Is there a better place to put money that is flexable but makes mo...
Hey all, I have about 100K to invest and want to start with a multi family house hack. My question is, should I use an FHA loan and put the least possible down or should I bite the bullets and put 20% for a convention...
At what point do you put your home in an LLC?
I found a multifamily and put an offer on it. I want to put it in an LLC but my realtor says that I cant until after closing, He said because the LLC isn't formed yet. So...
Hi Everyone,I'm a property manager in Chicago. Our owners have always paid their own utilities, but I've decided to start offering to pay utilities for them. I'm trialing this out with one client. Creating a business ...
With the recent passing of my father I have inherited $205,000 , however it is within the confines of a traditional IRA. I will potentially be iheriting an additional $250,000 when we sell his business. I am seeking a...
I have a question and it revolves around selling a property. Let me outline the situation:- We purchased a property in 2021 for $245k and now we can sell it for $350k. We currently have a 2.99% interest rate.- The pr...