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Below is the response from my banker who did refinance earlier for me. Any lender who can do cash out refinancing for me based on Property/Asset rents but not on my credit score which is currently low around (656, 650...
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Good Afternoon All!I am purchasing a property that was built in 2022 and it is a SFR. I am out of state so I have a reputable PM handling the tenant but I want to make sure I am adequately protected in terms of liabil...
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Pros and cons of having my properties under an LLC? I would like to know about your experiences and learn from them, should I transfer my properties to an LLC? If yes or no, why? Thanks.
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HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
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Hi I was wondering is Travelers Landlord insurance good? Im getting another quote from Allstate for landlord insurance too If you have to pick which one you will get?
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Hi All,I have both a self directed traditional IRA and Roth IRA. I'm wondering if it is possible for my annual contribution to move assets from the traditional to the Roth rather than contributing new money to the Rot...
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Need some advice. So currently my in-laws are getting ready to sell their house and go their separate ways, while staying legally married. He will most likely need to file bankruptcy here in the near future (credit ca...
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Hi everyone,My wife and I are purchasing our first self storage facility and are partnering with our friend and his wife. My wife and I currently have an LLC, but no purchases with it yet. What would be the best way t...
All,Need help understanding personal income tax benefits of SFR depreciation, would be great if you can comment:Lets say one is not a real estate professional then, AFAIU depreciation (straight line or cost segregatio...
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A small bank may be more personal but they have limited capital. Pros and Cons