The Podcast always says to take action, so that's what I've been doing! However, I have run up against a problem that I need a bit of guidance as it relates to banking. The strategy I've heard discussed on the Podcast...
Many of the lenders of investor loans I've been speaking to will mostly/only lend to a business such as an LLC. I've heard a couple investors talk about having an LLC for rentals, and one for flips. As someone who is ...
I want to buy a rental property in Manhattan, KS which will be primary home for few years. I was looking around Nortfield area in Fort Riley county.Is it good area for investment as a rental property for future?
Are you an investment property owner looking to streamline your property management processes? Whether you're considering hiring a property manager or managing the property yourself, there are various strategies to en...
Hi my BP Family!
I've been wondering how I can go about loaning funds to my own company as an "investor" although I'm also the owner. Essentially, as an individual I go get a personal loan. I loan the money out to m...
Yes..and no. Per Statute 494 which governs mortgage lending, an exception is granted to those who lend THEIR OWN money. So--can you lend OPM and stay within the law?My interpretation is YES--provided you lend the mone...
I have rental property held in an LLC (#1). The sole member of that LLC is another LLC (#2) of which I'm the sole member. So since single member LLC's are disregarded, then LLC #1 is disregarded and it all pa...
HI Everybody!Im a relative newbie and Ive finally come to the point where I must LLC. I currently have 2 houses in 2 different states under 1 Umbrella policy but the insurer will only let me do this till mid year. No...
Some of my recent posts on title searches have sparked a lot of interest, so I decided to put together a simple guide to help those of you looking to conduct your title searches. The goal is to give you a practical wa...
I'm supposed to close today (20 Dec) on a foreclosure that I'm paying cash for here in Lexington, VA. The seller, a national mortgage service company, as of yesterday has not provided the signed deed to their title co...