I currently have 2 single family homes under my own name and am looking to buy a 4 plex and am wondering if I should keep buying under my name or buy under an LLC for tax purposes?
Does anyone have any recommendations for insurance companies that deal with properties held under an LLC?
Hi Everyone,I am looking to buy my first property in the next 2 months and was curious to get people's takes on forming an LLC. 1. If you form the LLC, can you purchase properties under it, or do you need to buy it as...
Hi Everyone,I am currently lost on what next steps I should take next. I currently own two properties out of state and wondering if I should create an LLC or not? If I do, how would I get this done? I know the LLC nee...
Hello, Happy New Year Who do you think is at fault? Story time. So we had a non-paying tenant whose lease wasn't renewed and refused to leave. We started the eviction process. The PM change the electric utility to the...
With only a 3.5% down payment and a 580 minimum credit score requirement, many critics believe FHA loans are encouraging another crisis. In the U.K. and in Germany for example, home ownership is only for those who can...
Hello all,It took looking into my first real potential brrrr property in detail (under contract now, deciding between flipping or brrrr) to finally realize this dilemma, and would love your input. Basically, I am purc...
So I have a flex space in one of the units of my duplex that can easily be turned into a 3rd bedroom. It would need a closet and the stacked laundry unit in it would need to be made accessible outside. To do that I co...
Hello BP, i read quite a number about using creative financing but how many of those may trigger acceleration & due on sale clause? I know seller finance and Sub2 can trigger it but what other types of creative fi...
Hello. If I buy a home using an LLC for a cash deal, can I then switch the home out of my LLC to my name ? I’m using a hard money lender to fund this deal and they told me I must use an entity to make the purchase. My...