Justin Pack
save more or pay extra on personal mortgage
Should I stop making extra payments on my mortgage?Before I started looking to invest, I wanted to pay my mortgage off ASAP. I always put extra money towards it. I wanted to accomplish 2 things1) pay my mortgage a fe...
Greg Grant
Mortgage Options - new Personal Home - using current properties
So my wife and I currently live in a townhome, and are ready to move into a single family home in the area.I came across the template so I filled it out. Your goals and story: I'm basically looking for ideas on how t...
Caitlin Worrell
Applying for personal SFH mortgage after house hacking
My husband and I have been house hacking a duplex for the past three years. We financed the duplex are currently at ~70% LTV. It has been a great financial decision for us and a great entree into REI.In the next 2-3 y...
Bryan Sowieja
Foreclosure when Personal Mortgage and S corp title
I am hoping a tax pro can help with the proper reporting of this foreclosure scenario.
I purchased a duplex and owner occ in 2005 and held title as a single man.
In 2010 I quit claimed title in to an LL...
Brian Whitney
Personal Mortgage vs LLC - Bookeeping and Accounting Question
Hi All, Last year I did my first BRRRR on a duplex, which I refinanced in my name. I'm finishing a 3 unit BRRRR and will most likely put this one into an LLC. I would like to separate my name from the duplex and start...
Doug Kolb
Need to move mortgage from personal to LLC
Hello,I own a single family rental home in Memphis. i bought it and financed under my name not knowing any better (in 2015). Looking now to put it under an LLC (which I have already), but my current mortgage holder ...
Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
Let's say I already formed a new LLC that would be designated for REI. How do I get business credit strong enough to avoid having to personally guarantor commercial or residential mortgages through my business? Is th...
Michael Morgan
Any recommendations for banker to finance a triplex - Denver?
I recently got an offer for a triplex accepted (Denver). I do have preliminary financing lined up for the purchase, but since this is the first time I will be getting an investment mortgage straight to an LLC (I have...
Bella Hounakey
Fannie Mae and transferring to an LLC
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 ...
Account Closed
How much Debt to Income to Take
My wife have 2 properties, currently rents her house ( Over 2 years now ) and we are looking to purchase a 3rd property in FL, to use as a vacation rental, which we hope will lead to additional rentals in the future.T...