Darren Roskott
Basic question about LLC in Pennsylvania
I am applying for a HELOC and would like to register the loan with an LLC in Pennsylvania. Can I apply for the HELOC now and then obtain an LLC in the next week or so? Any suggestions on the easiest/cost effective wa...
Doug Davis
Stone Mountain, GA rental property laws - Ordinance 2017-07
I was thinking about buying something near Atlanta, maybe house hacking.I was Googling and came across Stone Mountain Ga, Ordinance 2017-07 which says:3. Occupancy by guest(s) shall not exceed fourteen (14) consecutiv...
Steven G.
FHA Loans Re: Multifamily Home
Hi All,I am new to real estate investing and I'm having trouble finding some information about FHA loans, so maybe someone here with some experience can help?I am looking to purchase a building with 4 units and occupy...
Cory Melious
Lease language for rental assistance
Hey all;Is anyone out there adding language to their leases to compel tenants to seek rental assistance if they lose the ability to pay rent for a period. I'm looking for some language that would allow a lease to be t...
Rory M.
Tourist visa applicant?
I had an applicant today apply for one of our units who is a US Citizen. There would be a second person living with him who is here on a tourist visa for 2 years. The individual on the tourist visa is okay giving us p...
Lizbeth Vaquero
Advantages of having a realtor license
I have been considering obtaining a realtor license. I am aware I do not need one but I was thinking that having one would give me a certain advantage when it comes to new business opportunities, networking, accessing...
Christopher Smith
IRC 179 Question (as modified by the TCJA)
I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
Rashad Ellis
Who is responsible for Certificate of occupancy?
Buying a 3 unit im NJ using 203k loan. Deal is finally in preclosing department and we're anticipating a closing date. All of a sudden, my attorney and realtor notify me that the previous temporary Certificate of occ...
George Tiglianidis
2 months, 2 vastly different appraisals...
Hello BP family,So, two months ago I contacted my mortgage company to waive the PMI on my mortgage as I put in a ton of work into the home (bought it at $525k put $125k into it). The appraisal was ordered and my home ...
Cassandra Sifford
Business Credit Funding
Hello BP!!! I recently started an LLC and was wondering what type of success and stumbling blocks everyone has had in building their own business credit? What companies do you find that are extending lines of credit ...