Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
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Business and tax structure for rehabs
Hello all,
Great forum here. I had a question for which I wanted all the experts' opinions...
For tax purposes (lowest tax possible), what is the best business structure (LLC, Corp, etc) for a rehabbing business? I am...
David W.
Storage Unit Business Questions
Hello! My question is: What if you bought land, construction on basic storage units (the tin ones you see). I am in Los Angeles and would like to learn about what options I might have. Buying an existing vs building m...
Jeff Ju
Hello and thanks from So Cal!
I'm a new member and am shocked by the amount of support the members of BP provide one another. I'm proud to be a new member and hope to give back one day!I have a business that provides a decent passive income but I ...
Christian Biddle
Newbie from Terre Haute, IN
Hello everyone,
My name is Christian Biddle. I’m 20 years old. I’m a student at Indiana State in Terre Haute, IN and live in the area as well. I study business administration and my father works at a construction com...
Zoran M.
Questions for an investor with 600+ SF properties?
Hi all –
I’m a new investor and am in the process of securing private financing and establishing an LLC. I’ve seen quite a few REOs already and will be placing bids once my LLC is established just after y...
Kim Abney
Real Estate Investment Business Plan
In order to apply for a loan to renovate 16 units at a complex I recently purchased, the financial institution is requesting a business plan. I’ve written the business plan. However, I would like to compare my plan wi...
Jeffrey Coleman
Apartment Complex vs. Hotel Ownership
Hello BP members,This is my very first forum post since creating my profile so forgive me if I sound like a complete newbie (I am). I have been trying to decide what my next investment should be in. Does anyone have a...
Bryson Cox
Help with Different financing options: Conventional Lending
Hey guys!I had some questions I wanted to throw out there in relation to Financing a deal. I'm working on a couple of deals I want to make an offer on but I have been struggling a little bit with getting my financing ...
Maria Lugo
Financing- I need a creative way to come up with down payment
Hello Everyone,
I found a multi-family complex I want to purchase in Florida. I need to figure out how to make the financing work for me. Any suggestions?
Thank You