Without sparking an argument of using a single LLC vs. multiple LLCs to hold multiple properties, let me just set the stage:I have a new LLC to hold new property in a new state. When it comes to obtaining a bank loan...
Evening BP Community, I have a question regarding property management. This question isn't about finding property managers, which is what I usually find on BP, but rather about becoming the property manager that eve...
I am looking to purchase a 10 unit apartment. Should I purchase it in an LLC or a Trust? I am a little confused as to which entity to place it in and how. Do I purchase it in the name of the LLC and then quit claim ...
Do all foreclosures require cash to purchase? If so, how can I get that large sum of cash if I have assets to use as collateral? Very new to the game if you can tell!
Hello all,I've been retired for a couple years with no income coming in. I'm interested in purchasing a small multifamily - anywhere from 2-6 units.Is it possible of obtaining a loan with no income? My credit's been g...
This has been something that I have seen commented on many times in Real Estate Rental property in blogs, podcasts and Youtube videos.
The claim is: "I put no money down, so that if something goes wrong in my propert...
Hello all,
I am currently in the RE market to purchase my first property.
I am interested in a duplex/triplex to live-in rehab while renting out units.
My main obstacle I have crossed would be as a college studen...
About to take the plunge into real estate investment. Before I buy a house and start renting, do I need to make an LLC? Or maybe make a business of a different type? If so, what are some good resources? I'm located in...
Hello,I've found a good deal on a potential rental property but wish to purchase it using my LLC. This feels like a basic question, but how do I obtain a loan using only my LLC and keep my personal assets separate in...
I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...