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I am switching jobs, and have the opportunity to take my employer matched retirement account (a Municipal Employees Benefit Trust, used in lieu of Social Security) to invest in real estate. I can rollover the funds i...
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Hi all,my husband and I are in the process of settling a Short Sale purchase in Maryland. It's $99k purchase price with Seller's side covering legal and title transfer (provided we pay $3,500??).Our lender has come ba...
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Hey all, we have a short term rental in Florida, we live in MN. It is currently owned under our personal name & we wanted to setup an LLC to transfer the ownership into this. I'm comfortable with the whole LLC, b...
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Hello, Myself and my three daughters are wanting to start investing in multi-family. Looking for direction on how we should set up the business or IF we should set it up as a business before we start or wait until af...
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Working my first deal with a friend of mine. My investment funds are from my Solo 401k. We are able to do the deal with cash, including renovation costs, using a Tenancy in Common arrangement. He will be doing the ren...
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Hi group, does property tax stay the same when purchasing a property in Cleveland under an LLC from an individual owner or does it fluctuate and how?
Thanks in advance.
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Sorry, this is not "safely participate" territory. There is always risk, and these are highly risky and regulated techniques. So, there is even more risk.The things that you can do, include being properly capitalized,...
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I purchased a property with cash under my personal name in December and would like to transfer it to my newly created LLC before getting tenants in. Assuming that is the best way to proceed, do I need a lawyer to tran...
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Hi everyone,I'm starting out in real estate and I'm going to create an LLC. I don't know a lot about entity structure yet - still in the learning phases, but would a lender finance a new LLC with no credit history for...
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Hi everyone,I am rather new and this is my first short sale. I am n WA.I have an approved short sale property in escrow. It has 3 partners, each on PSA under their own LLC. We have an interested party who wants to...