Jerome S.
Cash-Out Refi Unknown Delay in Wire Transfer
Hi All,We just closed a week ago (Monday 10/04), signing that day, on a Cash-out refi with no current mortgage on the investment property. I was told it would be Friday of that week when I may see the Wire of funds t...
Russell Beach
Cash Out Finance after transferring properties to LLC?
I have a great opportunity to acquire 8 SFH properties from the same seller, who will give a significant discount on each property if I purchase all 8. I'm already lining up conventional financing with a regional ba...
Noelle Geeting
Lease Transfer and Cash-Paying Tenants, Payment Options
I am under contract (closing 5/22) on a quadruplex in Austin, TX. Cash deal, using a wholesaler. All four units are occupied and the tenants are currently paying their rent via cash in person. I clearly do not want to...
Meir Greenblatt
Transfer property ownership & cash out refinance it.
I'm looking on getting 2 properties from a friend that he needs cash for other business but he can't do a mortgage, and I'm looking to buy some property's, so I was wandering if I can open an LLC and then have him t...
Fred Tracy
Managing Accounting With Several Properties in Single LLC
Hello all,I searched quite a bit and couldn't find this topic covered. I've got a series LLC with a single checking account and have three properties in it. My question is about how to efficiently manage withdrawing a...
Connor Lewis
Expense Tracking for New Investor
Hello BP community!
I just closed on my first house hack yesterday! I'm super excited to officially begin my real estate investing journey! I will soon establish an LLC and open a business account to track income and...
Todd Powell
Best tenant payment options?
This may date me as my kids say I am too old school but since 2007 I have always had rent due on the 1st but not late if received by the 5th I am having more and more tenants, especially college aged, asking me if I d...
Karlos Rueckert
Can equity be transferred for cash without finalizing a sale?
I have a motivated seller that would like to sell but cannot due to some restrictions in his area. If he were to sell any time in the next 15 years, the new buyer would need to meet a long list of low-income requirem...
Blake Powell
Need help to start flipping
Hello everyone, my name is Blake and I have begun to dive head first in trying to educate myself. I am from indiana and I am currently taking a few months to learn and plan my goals for investing. I am wanting to even...
Marc M.
Quitclaim Deed Transfer for Cash Purchases in SDIRA: Yay or Nay?
Context: Detroit, SFH tax-foreclosures...properties ranging in value from $3K to 30K....no mortgage financing, only cash purchases between investors or investor to occupant / tenant.Questions: Are there any legal issu...