Sunny S.
Forming an LLC for three properties
Do I need to form an LLC if I have just three properties ? How can I protect my personal wealth if I don’t form an LLC ?
Nat Rojas
LLC required for more than 10 properties?
I think I'm confusing myself with the information I'm reading. I currently have 8 properties in the Baltimore City, Maryland area. All properties are financed through FM confirming loans. My goal is to grow past 10. D...
Serj Savchuk
Duplex insurance review
After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
Carlotta Hall
Refinancing with cashout after 5 properties
Hi.I have 3 SFH's that I own. #1 was paid off, rented and then I cashed out to fund others. #2 I live in. # 3 I just purchased, remodeled, rented, and will refinance and cashout in May (6 months season). I actively l...
Isaiah Payne
Business Credit Cards
Hello Everyone, I am applying for Non-Traditional Unsecured Business Lines of Credit, and I would like to know what the best avenues are for acquiring them. I am referring to Business Credit Cards because they are liq...
Robert Bolejszo
Questions on Trump Tax plan impact on Property Taxes on Invest
Hello - I was wondering if someone has a better understanding on the changes that are happening under the new Trump tax plan. I'm specifically curious to the limitations of property taxes and wanted to see if they app...
Aaron S.
Portfolio Loan vs. Commercial Financing
Hi BP Community,
Question for investors/lenders on portfolio loans vs commercial and conventional options with regard to the 10 property limit. I currently have 8 properties, 7 of which are rentals and one is my pri...
Lawrence H.
Personal Gtee for LLC
Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
Sean Ploskina
maximum Fannie/Freddie loans now 10?
After speaking with a friend who is a loan officer at Wells Fargo he told me the maximum loans has been raised to 10 loans. Does BP Nation have any info on this? Are their any new restrictions on these?
Peter Bui
Is finder fee or assignment fee would trigger a UBTI tax?
Hello everyone,I am just starting out with the Wholesale Real Estate process and appreciate any advise on this topic so that I have a clear understanding about the DOs and DONt in RE Investing with SDIRA.Is finder fee...