Kathy Crosby
Getting a rental OUT of an LLC
I’m in a partnership that owns a couple of rentals. The partnership is dissolving and we wish to divide the homes (one person gets one, the other person gets the other)and place them in our personal names. Is there a...
Javier Sanchez
Cash out refi in an LLC
I currently have a rental property that is fully paid off that I am looking to refinance under an LLC. I have a mortgage broker that can support a cash out refinance where the title would remain under the LLC, but the...
Terence Purcell
Renting from yourself
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
James K.
Structuring Real Estate Multifamily Deals for Outside Investors
Hi all,I have been looking for a standard way to structure a real estate investment for buy and hold deals but have not really found any. Basically, if i raised money from outside investors for a buy and hold multifa...
Joseph Pichardo
Cash out refinance on rental property
Good afternoon all-My question is the following. If our 5 member LLC purchase a property and follow the BRRR strategy. However instead of “Repeat” we decide that we are only going to hold one unit and keep the cash. W...
Nicholas Patrick
Do Anonymous LLCs make it harder to secure financing?
If i had lets say a WY holding manager managed LLC with subsidiary LLCs in the state that I invest in that are member managed with the holding LLC being the only member.Would this make it more difficult to find and se...
Darryl Davis
Turnkey Company Suggestion
Hey gang. I've heard about turnkey companies (properties that a company owns, is already rented, and ready to sell with tenants in it) but am not familiar with any names of companies. Does anyone have recommendations,...
Erica L.
Need guidance with first loan under LLC
Hello all, I’m hoping someone can point me in the right direct. My husband and I have 3 rental units currently in our own name. We just opened an LLC to build our portfolio. We new found a property we are in final neg...
Jamiel Strickland
Using Business Credit Cards to Buy Multi Family?
Hey BP!!It is a guy that I met who is using credit cards from his business to put for a downpayment for multi-family purchasing mixed in with seller financing and private partners. Doesn't affect his personal credit s...
Pat C.
Personal conventional loan for property under LLC
Hello BP!I have a unique question I'm not sure how to handle. I am closing on an investment property using a 20% down conventional loan. The loan and property will be under my personal name initially. I would like to ...