First time investing in property and have a few questions - Buying townhouse in North Carolina with intention to rent out. My bank does not give mortgage loans through LLC, so rather than getting another bank to do co...
I have taken a cash-out loan on my personal residence to fund an LLC in which I am buying real estate.
From an accounting standpoint, what's the best way to structure this? Can I consider this cash infusion into the ...
Hey all,
I have a 3/3 townhouse that I bought at the beginning of this year. I lived there and rented out the two spare rooms until August when I purchased my current 3/2 home with a 1/1 guest house. I rented out the...
Hey All, I'm looking to move to a nicer area and hope to turn the next SFH I purchase into a rental. Due to this I already target certain homes in terms of square footage and bedrooms ect. Anyways some of my best opti...
I’m stuck! I have a great opportunity to acquire 12 SFR cash-flowing at $10,210. But the down payment needed from most lenders is 25%. I can only do 10-20%. I need $75,000 for the down payment. I have great credit, bu...
So, my wife & i purchased a home in Texas. We financed the loan in our names, got a personal loan for a second home/vacation rental.I want to utilize an LLC for asset protection so that if something happens at the...
I'm looking for advice on how to structure a personal loan for a friend so they can consolidate credit card payments. They have 9 open lines with retail store credit with a balance of $9,000. I'd like to use my Self-D...
I have a very good interest rates on my truck and home. 1.99/2.5. I have considered paying those down to "free up" cash long term, but I'm also considering the facts that my loans, especially on the truck, are nearly...
I'm trying to decide which route to take, I have a new LLC trying to build business credit. I purchased a duplex using my personal credit, trying to decide which would be the best approach in getting more properties...
I'm in the process of acquiring a loan for a nice multifamily deal I have going. 55k + 15K rehab gets me a 1650 sqft home with 3 rental units in it currently bringing in $1,500 a month. This is our second rental pro...