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Results (10000)
Jen H. Changing ownership of rental properties to LLc
28 March 2017 | 7 replies

I'm looking to move my single family houses into an LLC instead of my personal name.

By doing this transaction, will the county recorder consider this a sale of property thereby re-assessing the property value for pr...

Joan MacDonald Current co-owner in personal name needs LLC-held loan for buyout
18 December 2019 | 1 reply

Attn: I don't need a lender because I already have one. This post is only about the strategy of moving a 50/50-held personal asset to an LLC-held asset, including a mortgage. The purposes are to buy out my partner + h...

Michael Biener accounting for newbie with owner occupied multifamily
29 October 2017 | 5 replies

Hi all, i have been lurking around bigger pockets for the last 6 months or so.  This site is very helpful, especially for wishful newbies like myself. I finally closed on my first investment property a few weeks ago. ...

Antonio Bodley Does this sound legit to you?
23 September 2023 | 16 replies

An investor sent me this yesterday.
Ok great! Maybe we can work together I’m working on a wholetail deal and I have minor work finish. I’ll flip your investment in 30 days all above board on contract. You can come i...

Ben Hughes Partnership with Relative
4 May 2013 | 11 replies

So me and my father-in-law have verbally agreed to form a partnership for investing purposes. I've already opened an bank account for it. I put in 75% and he put in 25%. Anyone have a form to make stuff like this o...

Hans Restuccia Would anyone care to share the contents of their BUSINESS PURPOSE AFFIDAVIT??
7 May 2013 | 24 replies

Here is some language from the one we are using:

2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....

Kevin Beck bought flip with cash - whats best way to finance "rehab"
6 July 2016 | 10 replies

Hi new to forums, and to the world of real estate, Please excuse my ignorance if any, your feedback is greatly appreciated. I purchased my first investment property (2Fam) with cash (raised from investors)The house wa...

Michael LaBaie Renting house for a tenant on behalf of his company
27 February 2023 | 6 replies

Hi all,I used to rent my home on Airbnb and recently received a request from someone interested in renting my house. However, this person is requesting the rental on behalf of his company. (it’s a legit company). the ...

Nicholas W. Has an LLC ever protected you first hand?
25 December 2016 | 60 replies

So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...

Robert Thigpen Foreclosure Auction Sale Cancelled Seeking Advice
2 February 2023 | 7 replies

Hi all,My wife and I were looking to bid at an auction in two weeks on a preforeclosure home. We got a notification today that the sale was cancelled due to reinstatement of the mortgage. The owners filed bankruptcy i...