Eric Eckman
Straight to LLC or not?
I'm preparing to buy my first rental property, single family. Ultimately I hope to have several and plan to own them in an LLC. My debt-to-income is such that I could definitely qualify for a traditional 30-year mortg...
Brian Gibbons
News from CFPB re: Foreclosures and Pre Foreclosures
CONSUMER FINANCIAL PROTECTION BUREAU EXPANDS FORECLOSURE PROTECTIONSUpdated Servicing Rule Provides Surviving Family Members and Other Homeowners with Same Protections as Original BorrowersWashington, D.C. – The Consu...
Rahul Bhatt
LLC which state is the best
I am planning to put my real estate properties in LLC. Which state is good I am in California and Properties I am buying are in Ohio . i know in any case I have to pay $800 is california per year to maintain this ent...
Avery Moore
Are there other ways to purchase Investment Properties?
Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...
Nikki O.
Protecting Your Personal Assets in community property state
Dear fellow investors,My post comes in part 1 and part 2; the efficacy of the LLC protection, the other to address the setting up an irrevocable trust in a community property state.1. Questioning the level of protecti...
Ruchi Patel
Mortgage Loan Transfer to a LLC
One of the lenders i am working on with buying a two family said once i get the loan under my name, a 30 year conventional said the deed of the property can be transferred to a LLC. Can someone please explain what the...
Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Pat Saperstein
Medium term rentals - Airbnb or FF? Landlord protections?
We have just converted our garage to a furnished legal ADU and I have someone who wants to rent it for 2-3 months. I already rent out a 2 bedroom duplex and have had very good longterm tenants for two or three years a...
Arthur C.
Re-deed the title from my personal name to LLC
Does anyone know what cost is involved when one purchases a property in DC under personal name and then eventually re-deed the title to LLC. Will I have to pay another portion of record and transfer taxes? If so, at w...
Colin Sexton
Couple LLC/Corp tax questions
If you have or buying a rental/airbnb or even fix and flip. Do you want the property in business name/LLC etc?Also if you have a business for just buying/selling land only and spend money/milage traveling to properti...