Hi,Currently looking at a property that is singlr family and want to convert it to two family in Queens NYC. Id like to know who to get in touch with, whats the process to legally do so, how long would it take?Greatly...
Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
Im just a few months into my REI education and I'm intrigued with Lease options/seller finance/Subject to situations. I've seen several "mentors" aka possible gurus mention "not possible in Texas". Can someone guide ...
Hey everyone. I am 18 years old and trying to get into managing Airbnbs. I live in Clearwater but have found some great rental properties in St Petersburg. I have been researching the rules and regulations and came ac...
My daughter lives in the Detroit area (Mt. Clemens) and started investing in SFH rental properties last year. She is looking for a CPA with real estate experience in her area. She has one rental unit now and is closin...
Hey everyone!I am having trouble finding reputable sources of information regarding the costs associated with forming a 506(b) or 506(c) fund. If you have done this before, or know someone who has, what costs are asso...
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...
I have just launched an LLC mortgage lending business with my brother.I want to make sure it is legal to offer the realtors we are working with a referral fee for each client that closes on a loan from us.This could r...
MOST TIMES A CLOSING ATTORNEY REPRESENTS THE LENDER....IN THE WORLD OF REI A LOT OF CASH DEALS ARE BEING CLOSED....IS A CLOSING ATTORNEY NEEDED ON A CASH DEAL? NEWBIE HERE JUST WANTING TO MAKE AS FEW ERRORS AS POSSIBL...
hello everyone, I'm working with a lawyer in the area to start a business structure for real estate investing (mainly for rental properties). I drew out a business structure based on my conversation with him. if you g...