Giovanni Luna
Non profit 501c3 parenting a subsidiary LLC
A friend of mine has a church legally established as a 501c3 and I have been thinking about forming an LLC. I then had a thought while talking to him, what if we used my LLC to hold assists for him, then there could b...
Kyle Cortez
How do I "buy" my parents' business?
Without being too specific, here's the scenario for a friend:A young college student wants to buy an investment property; it's a small apartment building with 11 units. Since it's over 4, a commercial loan is required...
Chris Usm
Getting a loan and buying parent house
My mom is having trouble making payments for the house and asked me if i could get a VA loan (between 600-700k) and buy the house in hopes that she can deposit money into my account and make payments. I have no idea w...
Nick Edelburg
Paying Back Private Investment Loan From Parents
I am interested in buying a 4 family which recently came on the market about a week ago that is bank owned and is listed for $30,000. Because I recently bought my first multifamily about a year ago, my debt-to-income ...
John Lee
Transfer 2 rentals SFH title to parent
The parent technically own the rental properties but the title is in the kids name. When the kids want to transfer title back to the parent, is it consider gifting in the tax code? and will there be tax consequences? ...
Yifan D.
Portfolio Lender near NYC for PA rentals?
I'm looking for portfolio lender near where I live.I have holdings in PA with no mortgage. Less than one year of rental history.Need cash out refinancing.I have working relationship with Chase and Bethpage CU. Have no...
Account Closed
Help! HOW Do New Parents Do This?!
Ugh, so today was a big challenge that, sadly, made me pause and question how the heck I'm going to do real estate with a new baby. I know I can do it... I'M DETERMINED TO! But I need advice. How do others do it? ...
Geoffrey Grimes
Asset management of siblings and late parents.
If my family were all in agreement would we be better served to create a holding company to manage our assets
Bryan Vincent
Parents need help getting a land loan
My parents Want to get a Loan for land. it is under 50k but despite my father having decent credit( they require over 700 for all 3 scores and 1 of his is over 700 while the others are high 600's) they denied him the ...
Michelle Lee
Buy rental from parents as primary residence
Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...