Mason Fausnaught
New REI financing questions.
Hello BP!I'm not entirely new to real estate or business in general. I own a few restaurants with a partner as well as currently hold one property as a rental (My wife's first home) in central PA. About a year ago we ...
Marquita Hightower
Rental Property Question
I was told by a private lender told me we could purchase a property through our LLC and rent it to ourselves for a few years then buy another house and keep renting the first one to a new tenant or refinance into a ne...
Travis Beehler
Drawing money out for personal things
Hi all!I have a few rentals at the moment all under my LLC. Everything is humming along nicely, and the extra cash is going straight into the commercial bank account I have set up for each property every month.We've ...
Joyce Schindler
MFU- Conventional Loan w/Umbrella vs LLC/Commercial Loan
Looking to start my journey into investing! I have my eyes on a 2 unit Multifamily unit. We weren't sure if we should go with a conventional mortgage and get an umbrella insurance OR go to commercial loans with higher...
Natalie B.
Has anyone bought a property they’ve flipped?
We are interested in buying and living in a property we flipped. It was purchased and renovated with a hard money loan under our LLC. We’d be taking out a personal mortgage. One broker told us we could take a mortgage...
Caroline Holladay
Commercial Vs Residential Real Estate Advice!
Hello BP! I'm wanting to learn more about real estate while in college and am hoping to gain some advice over the right internship to look for! I'm currently looking between commercial and residential real estate inte...
Christopher Guerriero
LLC for rental houses, but houses not purchased under the LLC
I own 3 rental houses in New Jersey that were purchased through personal mortgages in my name. My accountant has directed me to form an LLC for each house so she could write off the losses and carry over the loss to m...
Patrick Shep
LLC For out of state investment
I’m currently living in Maryland and I am looking at investing in properties, out of state.I need to set up an LLC and was wondering if I need to file in Maryland or do I do it in the state I will buy the property in...
Ron Czecholinski
Partnering agreement
I am partnering with someone to convert a property into a rental. I have a personal mortgage on the property and have had input to keep the deed in my name to avoid potentially activating the due on sale clause. I wou...
Chris Reynolds
Own multiple 70-120k houses in cash- looking for loan on all
Basically as the title says; I own 5 houses in cash with a value of between $70,000-$120,000 (I also own 8 investment properties with a mortgage, as well as a primary residence all in Ohio). I am looking to take out a...