Aaron Moayed
Can't Place Conventional Loan Title in LLC?
My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or an Alt A...
Chase Gray
How does one properly manage the capital of a REIG?
Roughly a month ago myself and 5 other individuals established a Real Estate Investing Group (REIG). We’ve found a property that will provide a handsome return if we properly apply the BRRR Strategy. Each of the six ...
Danny D.
LLC on Vacation/Second Home Loan?
I'm am looking to purchase an STR with a partner and we intend to finance it with a vacation/second home loan as opposed to an investment home loan. We were intending to form an LLC as not only an operating agreement ...
Calvin Douglass
The First Deal - Money and Partnerships
Hey all,My partners and I have big plans--feel free to check out my profile page for a little background info relevant to the below discussion.My team and I just got off our weekly conference call. We checked in on s...
Jacob Cannon
How to price a commercial lot
Hi,
I've come across an opportunity to purchase a commercial property in Carmel that happens to have a sizable lot that can be subdivided. I've reached out to the city zoning commission and received initial approval...
Phil Moore
Student Rental turned Long-Term Corporate Rental in Pensacola
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pensacola.
Purchase price: $215,000
Cash invested: $40,000
We own a small multi-family property in Pensacola near NAS an...
Shamus Quirk
Should I Disclose I am an Agent?
When sending out yellow letters, should I disclose that I am a licensed real estate agent up front or can I make some initial contact and then disclose at our first meeting? What do you recommend? How would you word...
Brian K Akamine
Grandparent Gifting $60K for College Education "Leverage Option?"
Does anyone have Legal/Tax advice? I'm crunching some numbers and would like to propose to my mother-in-law who has already allocated in her estate plans to gift our two daughters $30K each (x2=$60K) for their college...
Dave Cot
Rental Property - Please help
Hi guys,Can someone here please help me. I am working a this greedy realtor, we went to see this property which I intended to buy for rental income. Right from after the time I showed interest in making an offer, he h...
Kerry Drake
LLC holding primary residence?
I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...