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Quick questions about DTI. My LLC, which is a separate business from anything real estate related, consistently makes about $3,500 a week in profit, but as the sole member and owner of my LLC I am on the payroll at $1...
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Hi Lending Specialists! I was talking with a lender today and he was under the impression that loans processed through Fannie Mae’s Desktop Underwriter (DU) would not be subject to the dreaded due on sale clause if th...
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My wife and I are based in San Francisco. My wife is currently attending school in LA for the next year to complete her MA in Nursing. We have begun our search for OOS investment opportunities and have actually limite...
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Should we create our LLC before we buy our first investment property? Or can we create it after and then establish the investment as part of the LLC.
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Hi Everyone, I'm excited to be in a community with like-minded individual! I'm a newly licensed real estate agent (almost 3 months now) I have done pretty well working in leasing and would like to increase cash flow ...
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Hey everyone, I'm a new investor living in SLC, Utah looking to create cash flow through long term rentals. My husband and I have purchased two personal homes over the years, and even been long distance landlords due ...
Hello, First time operating my business in a partnership LLC. I have just made my first real estate deal. I would like to open a whole life insurance policy on myself and put recently earned funds into it. Basically c...
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Hey guys, hope everyone’s doing well this morning. I’d like to get some thoughts and advise from folks that made it from zero in the multifamily world. I’m 28 years old, I’ve been in real estate for the past 6 years; ...
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Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
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Hey all,
I recently came across a lender that will do a Blanket Loan under 500k (several properties in one cash-out refinance mortgage) on an existing cash portfolio owned by my Syndicate (LLC). Does anyone have an...