Looking for some insight.My mother lives in a home built by my great grandparents, she is getting older and cannot afford repairs. There is nothing owed on the home, and she has offered to put the title in my name. I’...
In May of this year, I reached out to a property management company I had worked with in the past to inform them that I had a property becoming available and to request a Lease Option Only service (essentially where t...
Hi - I'm curious the best way to approach that initial investment purchase. Should I buy it and move it under an LLC? Buy it as an LLC? Any suggestions? Thanks.
I'm wondering If I can refinance my 20-year loans at 6% into 30 year loans at 4% if I'm in an LLC? I knew in the game and my bank requires 20-year loans at the business rate of 6%. I hear people talking about getting ...
Quick question. Has anyone transferred their conventional financing held by the couple to just one person? What is the Fannie Mae Freddie Mac blowback with this? If any.In case anyone is concerned: marriage is in fine...
(I previously posted this question on a different subforum but probably better fit here)Hey Biggerpockets community,I am looking for my first investment property and in the meantime talking to lenders, my CPA, etc to ...
I have always chunked these in the trash but happened to open one yesterday. Credit card I haven't used in years extending 0% for 15 months and 2% for 21 months. I believe there was a 3 or 4 % fee to use. Curious as...
"....If you buy a property and transfer ownership to your LLC, you might have some issues when you go to refinance. Fannie and Freddie will only buy or guarantee loans that are issued to a person, not a business entit...
I am working on refinancing my first property and realized Fannie and Freddie will not close on refinances with business entities. I did not do my homework beforehand and am now wondering how the LLC being on title wi...
Ive seen people say to buy as an LLC and to buy as myself. What do you guys think is the best strategy as a new real estate investor?Thank you