Daniel Volk
Transferring property to LLC
I purchased a property with cash under my personal name in December and would like to transfer it to my newly created LLC before getting tenants in. Assuming that is the best way to proceed, do I need a lawyer to tran...
Jacob James
Transferring properties to an LLC
Hello everyone,Not too long ago I posted that I was going to structure a partnership with my friend and that we are going to be investing in real estate together under our newly formed multi-member LLC. I knew from th...
Daniela Saldarriaga Oquendo
International money transfer
Hi Everyone! Looking for some insight, I have money in Colombia South America in a savings account that I want to transfer here to the US to invest. However, currently if I simply transfer from bank to bank, the amoun...
LaMiracle Schaefer
Is starting an LLC in the beginning stages of investing ideal?
Hello BP Community!
I'm looking for some guidance on whether or not starting an LLC for your real estate investment assets is a great move when you're just starting out? Is it worth the hassle or is this step someth...
Lyndsay Zwirlein
Best bank accounts?
We have been using Relay for several years for business bank accounts for our rentals. However we have had several issues with the move to 2.0. What business accounts do you like? Priorities are being able to transfer...
Mark Rygh
Can I get 30 year loans in an LLC?
I'm wondering If I can refinance my 20-year loans at 6% into 30 year loans at 4% if I'm in an LLC? I knew in the game and my bank requires 20-year loans at the business rate of 6%. I hear people talking about getting ...
Judy Jacobs
How to transfer money from foreign real estate sale to the U.S.
We're in the process of selling a condo that my husband inherited in Hungary. The sale will be in Hungarian forint. What is the best way to transfer that money back to the U.S.? Should we use a bank or an online servi...
Junior Allen
Put your home in llc
Hey guys , quick question . I live in Nj I have two properties . How do I put them into an llc ?
Josh Freeman
Using Line of Credit for Down Payment
We are looking to use our line of credit for our down payment (while obtaining financing) and keep our cash in the bank. Do we have to transfer our money from the line of credit into our bank account to "season" as I...
Jai Bilimoria
Refinancing out of multiple member LLC
I own two rental properties in the Phoenix, AZ area and both are single family homes. My father and I both own the properties in one LLC called Property Enterprises LLC (50/50 split). We bought both properties in 20...