I own 3 properties outright in my LLC but am thinking of borrowing against one or more to make new purchases. My bank says I need to pull the property(ies) out and retitle in my name but then I'll need to wait 6 mont...
This could be a question I should have posted under bank loan but since I’m still very green, I decided to post this question here. For my first property purchase, I’m looking into conventional bank loan. My original ...
Hi, My friend and I want to buy a property in partnership 50/50 (not under an LLC so we can use conventional loan). He wants to invest his 50% with his wife. My understanding is that if the three of us show on the tit...
I purchased a house in 2021 and lived there for two years before converting it into a rental property. I had not considered opening an LLC until recently when I learned about its potential benefits for liability prote...
I bought a duplex in my name and wish to transfer it to the LLC I just created. It is located in Luzerne County, PA. A more seasoned investor (form outside this area) told me to quit claim the property from myself...
Hey all, long story short I bought an off market duplex in KC Missouri through a wholesaler. The wholesaler never gave the title company the tenant leases, so the closing documents didn't include pro-rated rent for th...
Hi All, Wondering since the fed cut interest rates, what the refi rates are now? I know I'm inspired to refi! Looking for 30yr fixed 55% LTV on free and clear SFH detached rental deeded to my LLC... which is a challen...
I have a condo I bought with cash. Due to low ARV and current high interest rates a refi doesn’t make sense due to fees etc.New condo association rules prohibit selling to an investor. Owner occupied only. Property ca...
I've got an interesting scenario here. A relative of mine is purchasing a primary residence through a short sale transaction. The property is owned by an investor who rented the home out for several years. The investo...
Hello, I'm just starting out and I read that we should have a separate account for our real estate empire, which makes a lot of sense. I don't have an LLC and I'm wondering what (personal) account do people usually us...