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Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
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I don't want to get stuck in the need to start X before I really get things moving. Curious to whom became a landlord without an LLC. I have a plan working with a friend who owns an insurance company to guide me on a ...
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For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?Are you representing yourself as a Registere...
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TLDR; House hacking: it works.Howdy,About nine months ago, I closed on my first property (house hack in DFW, TX). I've had a few people from Bigger Pockets and other friends reach out with questions, so I fig...
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I think this is the right place...
Getting some of my ducks in a row to dive in.
I know an LLC cannot get a loan on property through a bank. But curious on once I start collecting rent (yes, getting a bit ahead of ...
Hi Everyone!
I have been lurking on this site for a few weeks and am absolutely amazed by the wealth and quality of information available! Josh and Brandon have done an amazing job.
I have become interested in chart...
Loan officers lately tell me one thing, then call back "oops, I was totally wrong, the underwriter told me something else..."
Anyway, I'd like to get a straight answer from BiggerPockets:
I've owned/rented one SFR f...
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Is it best to make an LLC for each rental, or single family dwelling I plan to own. Or better to have one LLC for all of my rentals I plan on owning.
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Has anyone house hacked repeatedly and continuously got 3% 5%-10% down year after year? Duplex? triplex? How many times did you do it? What were your obstacles?
I am purchasing a home on Houghton lake MI, and have a few questions.
Am I better off putting it in an LLC or just in my name, and do I need a specific loan or anything to maximize tax potential?
Can I write of remo...