Nate Miersma
Refinancing question - 4+ properties
Question for those who work in mortgage lending, as well as for experienced investors who might think this is a stupid question: is it possible to refinance several residential multi-family properties at the same time...
Jess Archives
Can I use an LLC to do business if the property isn't under it?
For example, I want to use the LLC when I do business with property managers, contractors, opening bank accounts, accounting, cash flow, taxes etc; but at the same time the properties for the mentioned transactions ar...
Nathan Emmert
Educate Me - Renting Furnished Rooms
So 16 hours over 2 days offsite led to a few interesting conversations recently, including a short conversation in renting furnished units to interns/co-ops. My company rotates through a lot of co-ops on a semester b...
Montrel LaCour-Roy
Single-member LLC vs Multi-member LLC
When forming an LLC with multiple members, what are the benefits and cons of choosing to create a multi-member LLC vs a single member LLC? Initially, I am aware that a single member LLC might be easier to file taxes o...
Jacqueline Henderson
I am new Here
Good Day My name is Jacqueline, i am new to this platform and to Real estate investing. Right now i am currently in the Georgia Area
Frank Y.
Does private lender file 1098 for the interest received from LLC
Hi, private lenders, do you file and provide Form 1098 to a LLC who paid interest to you? I have a borrower (LLC) asked for 1098. But IRS Instruction says "You need not file Form 1098 for interest received from a cor...
Deepak P.
HML rehab loan refi & LLC implications
The hard money lender that we are working with will only lend if an LLC holds the title, not me as an individual. Our exit strategy is to go for a conventional refi, but if title is held by an LLC I suspect convention...
Arthur Neves
Canadian investing in US. Should I open a LLP?
Hi, my wife and I live in Canada. She is buying her first property in the US to be a rental one. She will probably buy more 2 in the short term and thinking in doing more of it in the future.
Now the question is: what...
Kevin R.
Facing a tough decision re: steam heating with a pending sale
Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...
Mark Lynch
Banks views on private money
I was talking to mortgage company loan officer and I mentioned that I would be getting a private money loan from a friend for an investment property I’m looking to buy. She said that the bank will generally frown upo...