Johann Jells
Advice on restructuring into an LLC(s)
My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
Matt Kowske
Need advice on a partnership (re)structuring
Hi folks,I'm looking for some advice on how to structure a partnership and how others typically do this kind of thing. My wife and I jumped into real estate investing recently with another couple. We formed an LLC in ...
Issac San Miguel
Private Lending Giant - Civic Financial Services - Restructures
President Wiliam Tessar, and EVP/Chief Legal Council Alan Dettelbach have left Civic Financial Services.https://www.mpamag.com/us/news...
Michael Archard
Contingency Issue: Increased Down Payment before Low Appraisal
Hi BP,
I have an interesting legal dilemma here. I listed a flip for sale a few months back and accepted an offer (over asking) from a very strong conventional loan buyer. Unfortunately the appraisal came back low an...
Marco Bario
Home Mortgage Disclosure Act
I was reading a bit about the new almost 800-page long CFPB Home Mortgage Disclosure Act which takes effect Jan 1, 2018. As I understand it, the document serves to amend the existing HMDA "made by section 1094 of the ...
Andrew Pettit
Issues With LLC, I need further explanation from experts.
Evening BP,
I was wondering if I can restructure my LLC after I filed it with the secretary of state within RI. I just have more questions after the fact, if the LLC is "Inside and Outside" protected and ...
Jason Shaffner
Countywide Update
Countrywide to Refinance Up to $16 Billion of Loans
I know we had discussed the idea previously, but I wanted to get everyone's take on this now that it's in motion.
http://www.bloomberg.com/apps/news?pid=20601087&...
Adam Avinger
In need of some advice
Thanks for checking to see if you can help... I do need some advice. First a little bit about where I am at.1 week ago, my wife and I closed on our first BRRRR property. We bought a SFR that also has a detached garage...
John Cardinale
financing for acquisition and rehab with selling off extra land
Good afternoon, I found a property that has a fixer upper on it and comes with space to create 2 extra lots. Is there a way to finance the acquisition and rehab of the property but to also be able to sell the extra lo...
Carrie Flynn
Commercial Loan Rates
Looking at refinancing some of my loans. Current bank is offering to restructure my loans and lower my rate to 4.375% for 5 year fixed, amt 25 years, no balloon. Has anyone recently restructured and or what rates ar...