Desmond Fielding
Transferring Property to an LLC - Fannie Mae Approved Method
I have seen a lot of posts on BP Forum regarding transferring a rental property from your personal name to an LLC and have searched the forums in the past trying to gather information. I haven't run across a post with...
Heidi Jensen
Wyoming Holdings Going Away?
Hey everyone, I talked to a laywer the other day that told me under new federal regulations you still have to release the names of the stakeholders. I thought I would have heard about this if that was true. Is this tr...
Spencer Fry
LOC on investment properties
I have a few properties that are owned outright. Total value somewhere around $1mill-$1.25mill in equity. I am seeking to obtain a line of credit for these so I can tap into that dead equity. My local banks will only ...
Aamir V.
best bank for rent deposits / checks?
So I'm new to this but my family is not... I've been shocked by how hard it is to deal with rent checks. We have to physically go into a bank for the deposit since it's easy to blow past the number of check limits an...
Account Closed
Wholesaling LLC to end buyer
Hey guys I have a question. I have a property under contract in jersey and I have my end buyer who is willing to buy it from me. The deal will be closed as a transfer of membership to the end buyer. I live in NYC so ...
Todd Smith
HELOC ON INVESTMENT PROPERTY
Does anyone know a lender in Wisconsin that will do a 1st lien HELOC on an investment property? Current rates are better than a cashout refi in most cases.
Aaron Moayed
How Long Can PALs Be Carried Forward?
How long can PALs be carried forward? My research has led to the answers: Indefinitely...10 years... and 20 years... which one of these three is the correct answer?
Chris Stromdahl
Questions to ask/factors to consider relative to portfolio lenders?
I am in the process of researching the use of portfolio lending as a financing strategy.What are some questions I should ask or factors I should consider as I move forward?Thanks, Chris
Walter Chong
Any thoughts on which mortgage option to choose?
I have a choice between two mortgage options for a property I'm looking to purchase. 1. 10 year fixed at 4.9%2. 5 year fixed at 4.375% and then 5 year fixed at the then-current 5 year Treasury rate + 2.75%The way I se...
Justin Michael Johnson
Creative ways to increase cash reserves?
Wanting to build up my cash reserves over a 1 year period. I am curious if their are options out there that I am unaware of. Looking for examples other than setting money aside from primary job, mutual funds, Treasury...