My mom owns a rental on her name (its 100% paid, no loan). If she transfers title to LLC (owned by her), can someone verify the following pros and cons? Pros are the (1) tax savings (through depreciation, repairs etc....
Hi BP, Do you recommend or know of any private lenders? Do they need proof of income? I have a small business so no W2 to show.
Currently these are my options for my first property, which will hopefully be a multifamily property. I've had two friends use mortgage brokers and liked the experience but what is your take on either?Do you prefer on...
I'm about to close on my first property in Cincinnati. Its a quadplex. I'm trying to figure out what is the best way to set up an LLC for me to put my property and future properties in. I'm looking to buy about 25 doo...
I plan on using both a substantial HELOC as well as a commercial loan (likely Freddie Mac or Fannie Mae) to purchase a multifamily. Ballpark, I'm looking at the following:$4.5M = Purchase PriceFunded with:$1.5M = Cas...
So I got a couple full duplexes back in November where each unit is renting for around $1000/mo. Market rent for them is approximately $1500-1600 give or take. I made a plan with my PM to get the tenants through the h...
Ready to pull the trigger on buying a rental home in Kansas city area . Looking for best rates, points etc. Anyone been shopping lately?
Hello everyone,
After quite sometime, I finally landed a good deal where the numbers work for me. I've done a few projects in the past, but they're nothing compared to this one. It will be fun to share the progress ...
Hi everyone!Starting our investment journey and looking to buy a condo in a ski area that we can use for our own family and rent out short term the rest of the year. I know there are new regulations restricting STR go...
I've been doing some research. Suppose Greece, Ireland or Portugal goes under and no bailout by Euros.
1. Will this take down France and/or Germany banks?( we only have about 30B in Greece aide,in banks.(I believe)
2....