Hello BP - I'm about to secure my first REI (MFH) in FLA via conventional financing. I have read about placing properties in an LLC but there is a risk of violating the Due on Sale Clause. Speaking with my lender/br...
I'm starting to build a business to grow my rental properties and would like to get some advise on what's the right asset protection strategy for me as a starter.I live in CA and currently have 3 rental properties in ...
I was skimming an area forum and saw a young lady had posted, looking for section 8 housing in Bensalem that allowed pets....In response to her post, someone stated that by having her pet registered as "emotional supp...
Hi Folks, My business partner and I now have 3 rental properties in both of our names. We have read on numerous occasions that the best thing to do is form an LLC together and transfer the properties into it to mitiga...
Does the HOA have a fiduciary duty to protect emails sent to them from homeowners ? They cannot reveal the name of the complainer for example against another resident,Example: I complain to HOA that resident behind m...
Hi there,New here and to the RE investment world.My question:If I buy a property in a different state (say Indiana)/use an Umbrella insurance policy instead of Indiana LLC, and I reside in CA, can I forgo the Foreign ...
For example, Ive heard you cant get a HELOC if you have the property in an LLC. Ive also heard you'll pretty much have to put a 20% downpayment for a conventional loan. Are these true? And how else can owning an LLC a...
Hi, BP friends. Husband and I are purchasing a property as our private residence that also has a small cottage on it we plan to STR. We plan to personally lease the unit to a newly created LLC and run direct expenses ...
Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...
Hi Everyone,My wife and I now own 3 properties (4 doors) across two states (Maine & Mass). We are looking at how to consolidate and structure our business so as we continue to grow we’re protected. It may be too e...