Hi all! An interesting question has come up in my circle & wondering if anyone WORKING IN commercial loans can answer this for us: Example:A new LLC is created for a group of people to purchase a property in. Owne...
Hi - I am in the Middletown CT area. Looking for a savvy closing attorney to handle assignments and double closings. Recommendations would be much appreciated!!
I own investment properties in Ohio. Each property is under its own LLC and bank account.
My question is, does it make sense to setup another LLC as a holdings company (parent company) which will then own the othe...
I am not very knowledgeable in the areas of LLC's nor hard money loans. I am speaking with a hard money lender for the purpose of funding a flip. He says I will need an LLC in order for them to lend to me. Is this com...
I just rehabbed one of my 2 properties that I manage. I inherited tenants for both so this is my first time filling a vacancy. I decided to use RentRedi for management. I was able to easily get my listing out. I'm...
Hello all,I just started considering real estate investment (rental income) as my future. I have a question that might sound pretty simple for most of you here. Yesterday I was watching "Flip or Flop" and they were in...
I'm under contract for an REO residential lot that used to have a SFH on it. Apparently, the house was hit by a car and compromised its integrity so it was demolished.I'm looking at simply flipping the land and was wo...
I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...
Hi Bigger Pockets, I recently purchased some land in Joshua tree and I am looking for a Builder/ Contractor to help me build a 1500 sqft home for STR purposes. I am pre approved for a construction loan and ready to ge...
Does any one know about how much it cost to connect the utilities to a new construction home or small multifamily in Chicago. I’m trying to price out the water, sewer and gas connections.A rough number if fine for bud...