My business has approximately 6 loans through our local small bank and they continuously talk about how they are investor friendly. However, they keep mentioning to us that our debt to income ratio is nearing their "1...
I am currently a 33% owner in a S-Corp that has loans on several properties. My partners and I have agreed to a stock issuance to allow an additional partner to join the company that will dilute me personally to a...
Hello BP community.My business partner and I are close to purchasing our first rental in New Brunswick NJ. Recently I had a conversation with an established flipper/investor who recommended not worrying about an LLC f...
Hello Everyone!
I'm currently looking for advice on what route to take as far as financing rental properties through my LLC will be. Is the LLC better than an insurance policy for personal asset protection? The pro...
Is anyone familiar with a self directed IRA in rental real estate? What do I need to consider before rolling over my IRA into property? Is there a $ limit? What are the restrictions?Thank you!
Hi Everyone,I'm based in CA and will be buying an investment property in MA/NH/RI in the next 6 months. I will not be using an LLC and so will pay landlord insurance and be able to make deductions directly from my per...
Hey all. I made a big mistake purchasing a town home with rental restrictions. When I read the by laws, I did not see anything regarding rental restrictions. Only to find out there is an amendment to add this restrict...
I currently own a rental property that profits at least 15K after all deductions. I also own a rental property in cash under an LLC that profits very little on paper. I also have a primary residence with nearly a JUMB...
Can anyone suggest a or a couple of good insurance companies? I need to assign one before my rehab starts.
In the simplest case of an investor with a single primary residence and a single rental property, where one of the properties is owned free and clear, and the other is mortgaged, in terms of tax benefits, does it matt...