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I'm am trying to find best way to have rental properties . Forming an LLC and using a commercial bank to find them seems to be the most logical and best way. Am I wrong?
Planning on renting the current residence home to group home in Minnesota as we move into a new home. Pros/Cons? Thanks.
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Seller needs me to help him sell his 60yr Family business ASAP! I took a tour yesterday and seems like a restaurant, liquor store/ bar with a carry out. Then he throws in that the huge parking lot is included too. Hes...
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Myself and few buddies of mine planning to buy our first investment property... mostly SFR. We all are on W-2’s and to keep accounting simple between us, we are thinking to open an LLC. Have few questions?- First, is ...
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We are moving up from SFR to multifamily on our next purchase of a rental property. We are somewhat skilled at evaluating a SFR, using all the tools, comps, etc., but it is not clear to us how to evaluate the 2-4 uni...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $75,000
Cash invested: $15,000
Mixed-use brick building with a storefront in the Camp Washington business d...
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I have a small business that does about 400k in revenue annually. I took 80k in salary in 2018, 2019 it might be down a bit as I reinvested in the business.I have access to about $300-$350,000k in savings. I have nev...
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Hi All,I’ve got a cabin under contract in the smoky mountains that needs about 40k of work. I had planned to use a renovation loan to fund the remodel, but then talked to another lender who scared me out of it.I’m now...
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If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
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Hey BP community. I just put a RV park under contract and was looking for referrals on lenders that work with that asset class. Thank you in advance