Aria Pearl
Fair profit split with only 1 partner on loan
Hello everyone!
I am trying to come up with the best way to split profits for a 3 person partnership.
We are looking to purchase a property for short term rentals. We are all planning to split the down payment even...
John Ringgold
Buying an investment property in our names, should we use LLC on the lease?
We own a handful of properties in our LLC name. However we have just purchased a property and it is in our own personal names. We are preparing the lease with our new tenants. Should we put the Landlord as our own ...
Komenda Jadwiga
Series LLC
We have three mortgaged properties and we are forming a series LLC for protection . We are also planning to buy another property .My understanding was that after forming a LLC the loans do not show up on your person...
Tulan Kantesaria
A Wise decision or not ?
Hello everyone.I have been thinking about getting a property for investment and renting it out for a while and am finally pulling the plug on it. But something is bothering me and i wanted to see if any would like to ...
Kyle Manduch
Investing with Friend - how to effectively pull most equity later
I have recently partnered up with a friend - and we are bout to put offer on the table for a bank owned house. We are not an LLC - what is the best way going about this if down the road we are going to pull an equ...
Stuart Penman
ISO Lenders for a vaca. mortgage in NC that know STR is allowed
We are planning to purchase our first str to list on AirBNB in NC. We want to finance it with a Vacation (aka second home) mortgage with 10% down and better rates. It's common, but we found many lenders don't know abo...
Arthur Neves
Buying cash under INC and refinancing
Hi,My situation is the following, We have 3 properties under an Inc in the US. We are Canadians, thus didn't have an SSN neither could open an LLC when we bought the properties. All the properties were bought cash.Now...
Brennen McConnell
Long term financing for STRs that do not require personal guarantees
My partners and I own and manage a portfolio of 15 short term rentals (STRs) in the greater Cleveland, Ohio area and we are adding more to our portfolio monthly. We would like to utilize more financing for the acquisi...
Dane Silchenstedt
Couple getting into real estate and how to structure loans
My wife and I are starting to purchase properties. We bought our personal residence with both of us on the loan. Now we are looking at buying our first rental/fix and I am wondering if we should both be on the loan or...
Jay Elvin
Using LLC when filing Married Separately
Hi everyone, I own two rentals in my personal name. My wife and I file married separately due to her student loans. Her loans are repaid based off her income and her loans are forgiven in 10 years due to the non-pro...