Stephanie Windemuth
HELOC on primary to fund down payment for property in LLC
I've heard many people talk about using a HELOC to help fund properties. Although this sounds great, I'm wondering about how to use a HELOC (on a primary residence) to fund the down payment for a property held by my ...
William Duron
Best savings account for real estate
Totally off topic but does anyone does anyone use a savings account in their real estate business. You know, put money aside that way you have cash on reserve. My question is, if you do, what kind of savings account i...
Account Closed
What to do with cash flow?
Forgive me if this has been covered elsewhere. I searched but couldn't find the answer to my specific question.
I'm looking to buy my first rental property with a down payment/closing costs from my primary residence'...
Nicholas Ne
Brooklyn Park Area
I wanted to know if anyone had any experience/recommendations for the Brooklyn Park area of Baltimore. The multifamily homes are in my price range and the cash flow fits my numbers. Anything I should heed or be wary...
Thomas Cook
Lease from LLC to LLC (I own both)
BP,
I recently bought a house zoned C2 in Lynchburg, VA for the purposes of running my property management business. I've put the house in an a partitioned LLC. I need to write a lease for my business LLC to rent...
George Pan
Do you treat yourself?
For most people, buying real estate (at least in the beginning), means penny-pinching for long periods of time in order to acquire the capital needed for the investment.
It could be months or even years of fr...
Scott Hraska
Owner occupied rental question -What if the account has no money?
All,In the next few weeks I'll be closing on a 4-family house, and my 1st owner occupied rental property. I read the forums and a few books and understand that keeping business and personal finances seperate is key. I...
Tony Zhang
Buy a Rental Property Through an LLC using personal money?
When we Buy a Rental Property Through an LLC, do we have to use our LLC business (money) checking account to transfer the fund to buy the property or we can use our personal checking to fund the property?
Ray M.
Would I be double taxed?
If I were to direct deposit money from my 9-5 job into my business bank acct. Would I be taxed on that money 2X....Once for personal and once for the business?Also, would this violate keeping personal money/business m...
Jason A.
Applying for business credit
Hi Folks,
I am getting all my ducks lined up for starting my first flip. I have about 30k saved for my first project and I plan to utilize a hard money lender for purchasing the home. I don't feel 30k may potentially...