Can a person who has multiple 5-10 single family homes that are on conventional mortgages transfer them into an LLC for the protection?
I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
Hi, I am searching for my first good flip deal: A Single family residence to rehab and flip. I don't got the cash so I will use Private money loan at 12% interest (its a company not a guy i know). I know about aucti...
Hello everyone,
I have some questions about STR (Short-Term Rentals) and would greatly appreciate your help. Let's consider the Seattle Metropolitan area; an SFH (Single Family Home) would cost around $1M, and the ta...
Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
I've got a tenant-buyer on a lease-option exit strategy for an SFR in Spokane Valley, Washington. The tenant has been in for 12 months, and pays rent on time (though utilities are late every single month), and their ...
After the housing bubble of 2008 the federal government implemented a first time home buyer credit of $8000. I was a bit young back then, but I do remember hearing talk of this credit, as well as other government sti...
I am getting ready to roll over a sizable 401k into a self directed IRA to invest in real estate. Three questions:
1) What custodian company is the best if I want to do an IRA, LLC structure with checkbook control? ...
How can I prove 750 hours of work, and more work than my W2 job in order to qualify for maximum deductions when filing my income taxes? I want to reduce my federal income tax to zero. Are we using a time log? What is ...
Chalk this up to my curiosity but maybe someone can help me understand some parts of probate in texas. I’ve been researching to better equip myself so I can help potiential sellers but I’m really confused lol. Let’s s...