Thoughts on the below? My goal is to protect against getting sued and to prevent someone from wanting to sue me because I look rich by having a lot of properties...
All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
Has anyone used the lenders listed under the “network” tab above? There isn’t many to choose from. I like that some are offering 80% ltv on dscr loans. Just wondering if anyone has any experience with them. I’m lookin...
Hi BP,I'm representing a borrower in FL and we are at clear to close on his cash out refinance loan (investment property). We cannot close because he wouldn't be able to cash the check for his cash out proceeds. The ...
Hi all!As I'm starting to really commit to doing REI, I want to form a company that will be buying real estate. Let's say I just want to form a sole proprietorship and call it "ABC Real Estate" which would be buying ...
Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...
As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?
Example, the loan payment is $100...
I need a coach in Indianapolis to help with my first property.
I was thinking about investing with them and was wondering if anyone of you out there had any experience with them.Thanks,Jay
Hey BP,So, if I buy a property sub2, how will the seller be able to finance another property when they are tied to a 30yr loan? Are they stuck until that loan is paid off?Just trying to think of all questions a seller...