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Just finish listening to Episode 196 with Brandon Hall who is a licensed CPA. He mentioned that forming an LLC is important. What are the benefits of forming an LLC for rental properties?
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I am acquiring an assisted living home (RE+business).
RE appraised for $1,320,000
Business for $80k.
I have the RE portion already financed through banks but am needing $80k for the business to get the deal done.
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New member looking for tax advice on first RE deal.Looking to offset taxable income of my current business income while investing in a rental property. Found a deal on a Duplex that owner is offering owner financing.A...
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Hi friends! I purchased my first multi family using FHA in June 2016. For various reasons, I actually regret using CHA. Anyway, I am looking to acquire more and have run into a problem- I don't have 30% equity and can...
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Hello. I am looking to branch off and use the banks money for my real estate investing instead of my own. Every Rental Property I have I paid cash for it. Prices are a lot higher now than when I was purchasing propert...
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Currently have: 2.999% interest rate on 170K loan of 300K property, 30 yrs fixed (non owner occupied fourplex, purchased 2 years ago)Thinking about this quote: 4.375% with 1% origination fee or 4.875%, 30 yrs fixed, c...
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I am self employed individual, looking for recommendations for a portfolio lender out of Brevard county FLHave also looked into Limaone and lending one but have mixed reviews as far as the experience with them so hold...
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Hello,
A friend and I are looking to invest in rental properties and have had an offer accepted at a house. We are looking to get the best financing deal, and it is looking like to get the best interest rates...
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Greetings,
Looking for peoples opinions. I currently have 2 4-plex under contract. They are two completely different properties with different address in different parts of town owned by the same owner. My banker has...
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Hello all - if someone purchased a $1MM property five months ago with 10% and now the value of the home (at least on zillow, redfin, etc.) based on comps is 300k over purchase price ... is there a way of do a cash out...