To potential partners approached me about joining them and establishing an LLC to Byam whole rental properties. My question about buying and holding properties in LLC is can we get a traditional 30 year mortgage in an...
I have a single family rental that I am trying to do the brrrr strategy with. I have the property under an LLC which seems to have complicated the Refinance part to pull out some of my equity so I can do the repeat pa...
I'm going to preface this by saying I tend to think outside of the box unnecessarily. In this particular case, I have a property I'd like to get a HELOC on to then buy another property. I am wondering however if I sho...
I spoke with two different lawyers that do residential real estate seller/buyer representation. They both said that it is common practice that people buy investment properties on their own names, and after a few weeks...
A real estate attorney @ one my REI groups talked about the legalities of wholesaling in Pa and he said that negotiating the sale and simply assigning the contract via back to back closing for a fee is acting as a R.E...
Need quit claim deed advise. So I got a property under contract that we are going to flip. We did not have all of our paper work ready for the LLC at the time of sales contract so I put it in my personal name. It's...
Hello. I am in the process of quit claiming my old personal residence into an LLC to be used as a rental. This is being done in Michigan. A few questions.Should I be selling for $0?Is there any way that I will pay tax...
Hi BP Members and Fellow Wholesalers,I'm a wholesaler in Toronto, Canada looking to make an offer on a home very shortly. If the offer is accepted and a PSA is signed, I will eventually have to double close as the pro...
I came across article about "Land Trust", maybe tbey go by different names in different states. But the interesting partto mg understanding is someone can transfer their property to the trust. The same person (me) can...
My lender wont let me transfer title to LLC (due-on-sale clause). Can I still route the rent income to LLC registered in my name even though the property does not belong to llc?