Alvin Richmond
Property into an LLC
From my research many institutional lenders dont lend to LLCs seeking a loan to purchase property. Is this true? If so, why do many suggest purchasing rental property via an LLC for protection for personal vs. busines...
Shaun McPeck
Considering Owner Occupancy Chicago
Hello.I'm going to load this introduction with details on what brought me here and probably weave tons of questions throughout.I currently rent, but I've been dreaming a bit lately and looking at 3 flats here in Chica...
Kevin Bridgeman
Buying new home, converting current home to Investment Property. What is the best way to do this?
I currently live in a 1100 Sq. Ft. house in a small neighborhood. I purchased the house 3 years ago for $122,000 and still owe approximately 95% of its value. One of my coworkers is retiring and moving to Florida. ...
John Anderson
Transferring property between LLCs w/ same owners.
My partner and I own a fully paid off property in an LLC. The LLC is incorporated in NC, but the property is located in South Carolina.
We would like to create a LLC in South Carolina and transfer the property fro...
Chris Stromdahl
Risks of using a home equity line of credit?
I am considering the use of a home equity line of credit in the future.I do own a home, but am hesitant to take out an equity line of credit on it because it is our primary residence. I do intend to leverage the equit...
Christian Johnston
Appreciation: San Diego
I am looking to invest in San Diego despite the high costs. I am doing this to reduce my rent by about $1000 month (I have found multifamily properties where the numbers work). I plan to keep the property long term an...
William Roberts
cheaper houses for volume or more expensive better quality houses
I am looking to start purchasing houses to rent in the near future and, currently, I am considering purchasing in Louisville, KY and wanted some feedback on the type of property to invest in.I was wondering what peopl...
Jerel Lyons
The art of negotiation
greetings! After "driving for Dollars" recently, I've done my due diligence,and I've found a few owners, one guy in particular,I emailed him, and her hit me back, and told me that he has another property on the same s...
Kimani Kironji
Why pay taxes on Abandoned homes
Am looking at the abandon homes in my area that I have been watching.
These homes have been vacant for almost 12-18 months .
If you look at the homes on the county website the taxes are current .
Why pay taxes on a...
Fernando Cardona
Should I pay rent while having rental properties
Hello. I’ve been considering many different paths. The one I’m most inclined to is buying duplex or triplex and renting the other unit or units, therefore living in one of them.But my scenario is that I’m actually li...