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Results (504)
Kathy Corressell Partnerships and LLC's
31 January 2022 | 7 replies

I have 2 properties with partners and I'm getting some conflicting guidance from real estate attorneys on how to handle them.

The first property is more straight forward. Its a completely 50/50 partnership between ...

Jennifer Taylor Legal Structure Questions
16 October 2024 | 6 replies

Hi everyone, I'm looking for any legal references that can help me answer the following questions and provide guidance as to whether this approach is sound or needs adjustments: -What is the entity structure for manag...

Raghavendra Jakkani Leasing to my own LLC and then to a tenant
30 October 2024 | 9 replies

This is my first investment house. I am closing a new house in 2 weeks. When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be lea...

Corey Duran Can I have multiple LLCs operating out of one bank account?
14 March 2023 | 18 replies

With the help of an attorney and some responses here, I have come up with the game plan to have a business structure as follows:Trust (Top ownership that owns the management company)Management Company LLC (first actua...

Dan Funk Private Mortgage Lender Do's and Don'ts
3 July 2015 | 6 replies

I'm a newbie to BP...love the depth of knowledge I'm seeing on here.If you keep your quest for private mortgage lenders with people you know...are there any disclaimers or disclosures that "need" to be made to these p...

Michael McIntosh Legal Setup with LLCs
29 September 2020 | 9 replies

I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...

Jeremy VanBussum Transferring Title to LLC - Deed
12 May 2015 | 14 replies

Hi, I am a newbie seeking legal advice regarding my first investment property. I hope someone can help who knows the ropes. Here is my situation:
I purchased my first investment property with 25% down and the rest of ...

Kyle Lauriano Operating an LLC - Can I Finance my Deal Personally?
12 July 2018 | 11 replies

Dear Lenders, I am looking to run my real estate business under an LLC, am I able to finance my 1st deal through my name, and supply the title, etc. through my LLC? This way I can utilize lower rates (aiming for the B...

Chris Carrigan LLC or Umbrella
3 October 2023 | 13 replies

Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy.  In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee).  I currently pay a C...