What is the best LLC to create for a property that I am going to buy in Indiana? I am a California resident, but my property will be in Indiana and I plan on renting it out as a buy and hold. Although my residency is ...
Good morning all!
Just a few short months ago, my 2 partners and I created an LLC for the purpose purchasing buy and hold rental properties. We closed on our first multi in July. The mortgage is only in one of the pa...
Using a tiny house as an extra bedroom- no bathroom no kitchen- Good idea or bad idea? It's the size of a shed, or average bedroom. I'm renting these out as an affordable housing solution. I've designed ones that a...
Has anyone heard of this strategy where you find a owner in bankruptcy or pre foreclosure and you get a quit claim deed and rent out the property until the bank forecloses? What are your thoughts?Brian
Have my eye on a 2 lot package in a desirable area.On lot had a mobile home which has been removed but there is a cement pad still. The other lot has a CMU garage/shop on it. My plan is to turn the shop into a house.I...
I am wondering if anyone has had any dealings with Vit Finance LLC and or George Lycos? He claims this business is "fully registered" located in Reno NV. This is part of the email I received after contacting him: Comp...
Is it allowed to obtain a heloc on a property owned by the LLC and the LLC is owned by a self directed 401k?
About to bid on an occupied foreclosure at courthouse auction next week.
I think I’ve done all my research but someone told me yesterday that the current owners unpaid FEDERAL taxes could come with the property. Is t...
I am curious about the laws surrounding acting as a GC on a spec home build without a GC license. I know you can act as your own GC for personal residences but I am not sure about homes you intend to sell. I would be ...
I currently own a property in the District of Columbia with approximately $500k in equity. I am looking to gain access to some of the equity to capitalize other real estate deals. My credit is decent, but I have ano...