Seth McGathey
Carrying HELOC on 0% credit card
I recently used a HELOC for a down payment and for some repairs. I will have to hold out for a bit to cash out refinance to make it worth it. So I will need to carry the HELOC balance for about a year. I was consideri...
Account Closed
Transferring a Property into the LLC
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
Michael Pannacciulli
Buy as an LLC or Individual investor under my name?
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.
Mark Rygh
Can I get 30 year loans in an LLC?
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 ...
Trevor Ewen
Transferring a Loan to One Spouse
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...
Brandon Kamm
Investing with credit card teasers
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...
Sefa Demirtas
Buying as an LLC OR Transferring to LLC?
(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 ...
Joshuam R.
TRUE OR FALSE - Fannie Freddie
"....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...
Will Dixon
Refinancing Property Held in an LLC
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...
Troy Smith
Buying as myself or an LLC
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