Is it worth the higher interest rate that lenders charge when you try to mortgage a property in an LLC? Are there any creative ways to move property from your personal name into your LLC?
Hi everyone! I'm Sabrina from San Diego and am completely new to Real Estate. My original plan was to own a single family home, work to pay it off, and then...retire I guess. This year, I finished paying off my massiv...
Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit. Is an attorney required to facilitate this trans action?
I found a house that needs maybe 20% more renovation needed to be able to rent it out, but the mortgage officer said that would require a renovation loan instead of a conventional loan because the state of the house i...
Does anyone have any recommendations for reasonably priced tax appeal services for Cook county?Would prefer working with someone who charges a flat fee.Thanks in advance!
Lou
General question for the HMLs and those that use them out there. When selling a property on which you have a hard money loan, how many days of interest is it typical to pay to said HML after closing? Meaning I am awar...
Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
Hi all!I've been searching around and finally found a 4-plex that caught my eye around me. I went and was shown the property by a realtor and it looked like a decent property to own as a rental. Great location next to...
I'm looking at my first MHP deal and hoping for some general advice on POH. The park I'm looking at now is fairly dominated by mostly older POH (16/24 occupied pads) . All that I have read says to get rid of POH as...
Hi all and thanks in advance for your help! I try to put stainless appliances in my rehabs but typically don't buy new - below are the two stores for scratch & dent appliances I've purchased from, but would love ...