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Is it customary for private lenders not banks to ask you to provide your own credit history? I have done several loans with banks and they always just pulled my credit. I am starting to work with a private lender and...
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Within a Checkbook IRA LLC, Could I loan the LLC money if I treated it as any other loan? Or is this against the prohibited transactions rules?
Want passive income? Well, DON’T invest in rental properties. Buy REITs (real estate investment trusts) instead. Yes, you read that right. Although rental properties are a phenomenal way to build wealth and cash flow ...
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Hello, I am married and planning to purchase my Personal Residence in California under single member LLC. What about the 121 exemption if I purchase it under single member LLC?
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Using a local community bank in Michigan for a cash out refi on a BRRRR. The property is currently held in mine and my wife’s respective revocable trusts. I live out in Oregon, so they sent a mobile notary, we get t...
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I have a family friend who is in a position to become my personal private lender. I would like to make this as easy for him as possible. Any advise on how I go about assisting him in setting up to do this. I am a ...
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Does anyone know of any turnkey companies that provide a professional independent home inspection report up front on all properties they are offering to investors?
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I acquired a property, and it is in process of being rehabbed (~$50K equity financed rehab). I am in process of setting up an LLC for this property. Should I wait till rehab is complete to deed the property, or just ...
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We have recently purchased our first 4-plex in Albuquerque, NM.Currently its in our names, but I'm looking to move it to a land trust. Does anyone know of a lawyer in Albuquerque that has experience in creating trusts...
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I have an adult special needs son. I bought a 4-unit property for him to live in (I occupy one unit as well) and so that when I die, he will have an income stream above and beyond his Disability payments. In order to ...