How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest i...
I am wondering what the best method is for a living family member who would like to transfer their rental property (completely paid off) in to my name? I would continue using the property as a rental and finance as a...
I have some decent offers on my credit llines in the pipeline and was wondering if anyone else is seeing / receiving good deals / offers.
one is 0% for 12 months (PNC), 1% transaction fee capped at $100 the other is...
Hi everyone,
Good morning!
We are transferring a rental unit from one LLC to another LLC. Both LLCs are s corporations and incorporated in maryland and are owned by the same members (entity).
Questions:
When we t...
I have my first deal under contract. will close in the next week or two as soon as the title company is done with their work. I have a pre existing commercial line of credit set up that makes me the equivalent of a ca...
Hi
I recently had my 2022 taxes prepared (not yet filed) from a firm and I noticed that they took line 26 of Schedule E “Total rental real estate and royalty income or (loss)”, which is say -$5,000 (notice the minus/...
Hi everyone,First time house hacker & brand new to RE Investing here! Looking to purchase my first duplex in the greater Philly area over the next 6 months or so. I've started seeing some properties and also recei...
Hello BP! So I recently saw a post from another member regarding Fund and Grow. Has anyone used them and if so how did it go. Sounds like a way to grow ones capital in order to turn it into purchasing power. Look forw...
I have a rental property in an LLC in Chicago all the banks I have worked with do not want to give me a line of credit while it is under my LLC. Have others had this problem and do you have any advice?
Hey folks on BP. I'm looking to build up my lines of credit in order to continue my investing career. I've recently applied for a transfer credit card and didn't get approved. I've read you need stellar credit scor...