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I want to use a portion of my LLC profits to purchase real estate. What is the best or only way to do this? Thank you,CAF
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I am in the process of forming a LLC for my Real Estate Investments and am looking for a CPA and Real Estate Lawyer to add to my team. I currently own a SFR investment property and a Condo as my Primary Residence, wi...
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Hi:
Here is a complicated question that I'm hoping for some guidance on. An elderly parent had a crooked lawyer who helped get him into two different hard money loans in New York, one on his primary residence...
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Maybe a dumb question but what the heck. My primary home has a first mortgage but the SBA has a lien on my home and in 2nd position. This lien will fall off in 9 years according to an attorney but I don't want to wa...
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In November, Proposition 19 passed in California. This Proposition changes the way Prop 13 works, the monumental proposition from 1978 which fixed property taxes in California to 1% of the purchase price plus inflatio...
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I am considering loaning some money for a "private money" transaction in Oregon. All of this will go through a correctly licensed mortgage company and individual. The borrower will use the money to acquire a propert...
Hello all! I have a question about the owner occupancy clause of an FHA-backed loan. I am looking to use an FHA loan to finance the purchase of a great Triplex that I found in Rhode Island. I currently live and work i...
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I am a first time home owner . My lender is Fannie Mae. I received a loan for 30 year conventional. I want to rent out my property but first want to transfer it to an LLC. Is this allowed for a personal mortgage loan ...
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First off i would like to say this site is the best thing that ever happened as far as REI goes. I just purchased my first investment out in PA and was looking to put it up for rent.
The problem i think i have:
I br...
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The property is a large twin, zoned RSA-3.Two entrances:Main entrance - large 5 bedroom 2 bathroom, living room, and kitchen space.Rear entrance - 1 bedroom, 1 bathroom, living room, and kitchen. In Philadelphia cou...