Nicholas Acosta
Change from personal to llc
If my rental’s mortgage is under my name and I also took out a heloc for it under my name can I still change ownership of rental to an llc?
Adam Craig
Asking for repair credit on apartment - how much is allowed?
I am looking to buy an 8-plex priced at 325K.I understand there is a strategy of asking for repair credit in order to lesson the amount I will need at closing. So in theory - I can offer 350K with a 25K repair credit ...
Steven Kotik
Best option to access cash from our free and clear commercial property.
My family owns a nice commercial property that is paid free and clear, and we have a long-term A+ tenant. We have a triple net lease that will most likely extend for the life of the lease. 5 year, 5 year extension, th...
Kevin Kalligher
Evicting Tenants During Winter
I just acquired a fourplex in Duluth, MN that is severely under-rented ($600/mo). I gave tenants notice the day I closed (no signed leases). Some are leaving, some want to stay. Due to the time of year in MN Im wonder...
Johnell Jones
Using 401K to purchase first property
I plan on using a portion of my 401k (50,000) as a down payment on my first property. I can't take a loan or hardship because this is from a previous employer. And my current job doesn't accept rollovers. I know I wil...
Christopher J Keohane
Lending to LLC for Real Estate Purchase
I'm planning on loaning my LLC to purchase a real estate investment. I know that I have to declare the interest payments on my personal taxes but wouldn't it lessen my capital gain when I sell the investment?
Joeny Ortiz
Subject to Deal - With Curveball
We have a motivated seller who is willing to do a Subject To deal - amazing. The problem is that he wants 12K cash to settle a lien, placed by a bank, on a separate property that he lost to foreclosure. The seller wi...
James Colgan
Creative Financing - Investment Property
Hey All! I have found a STR investment/2nd home property in Hilton Head Island, SC that I am considering purchasing. I have spoke with the owner and they have agreed to do an off-market deal and seller finance/creativ...
Mike Grady
Transferring Rental Properties to Corporation
My wife and I have three rental properties in Ontario owned in our own names. Our accountant had initially advised us to do this when we thought we'd only have one or two. Now we have three and are looking to add mor...
Nicole W.
Looking for vendors
Hi all,I’m looking to network with professionals in the Tampa Bay Area. Such as residential lenders that are familiar with down payment assistance programs, home inspectors, and attorneys. I would potentially like to ...