Hi, I am looking for some help refinance my two investment properties, I am currently paying 4.88% on both the loans, the refinance worked out to 2.8% but after all back-n-forth, the banker is now telling me that I ha...

When you have an LLC should you put your spouse on it? What are the pros and cons of this if there are any??

Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...

Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...

Hi all,I looked up some of the discussions on land trust and still have a few questions so asking for clarifications.Here is my scenario:  Have a few rental properties, most with loans and few no loans.  Currently all...

I am trying to transfer a property to an LLC in Cincinnati OH. How does that process work?

Good afternoon BPers. Let me preface this question by saying that I believe that every professional has the right to charge whatever they believe they need to charge in order to reach their business goals. Is $1200-$1...

I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...

For many years I assumed my LLC’s Operating Agreement was sufficient until I learned that a Creditor who obtains judgement can have a significant detrimental impact on the entity.
There is an abundance of comments o...

Asset partitioning may be thought of as two types - affirmative and defensive.
In defensive asset partitioning, the personal assets of the firm owners are shielded from the creditors of the firm.
This is generally t...