I spoke with my lawyer and my CPA today and they both have different suggestions.I own a few buy-and-hold and will be managing rental properties for others as well. My lawyer suggests 1 LLC with the properties in it a...
All,
I have a challenging situation that I would like some insight on from the community. I have a rental property I purchased in December 2017 that I rehabbed and rented out in March 2018. The property had been vaca...
Hi All,I currently have a hardmoney lender that has your typical rates but allows us to only put 10% down. With our current resources we can do about 4 flips at a time. The problem is that we lose other good deals whi...
Hi All,I have a 30 unit deal in central NY that I am currently trying to fund. The issue im running into when contacting private equity firms is they say the deal is not big enough. I am trying to raise $300,000 (in...
Hello All,I have asked for help on this topic before, but haven't had much luck, so am trying again. I am starting to offer Transactional Funding and want to make sure all of my ducks are in a row.I am getting my docu...
Hello all, I am not sure if this is the right place for this question, but I did not see another appropriate forum. Maybe a forum should be added for specific accounting/bookkeeping issues. I pay my bills with my cr...
Whats up with the investors/mentors? Their all talk to me .... Either they want thousands of dollars or want you to have experince just to give you tips you can find online and in books ... If i was a verteran inve...
Hi All,I have spent the past year studying real estate investing and am looking to acquire my first property and begin to scale up my portfolio over the next decade. I know I want to buy an all brick 3 bed/2 bath sing...
Hi all,I read about lease option and what I understand is the seller's loan is being paid by the renter we put in place for a lease option. My hypothetical question is, what would happen to the loan if the original se...
I spoke to a contractor recently that told me he was licensed in the state. After additional research I found out that his license has been expired for two years. How likely is it that this was a mistake? Is this a si...