Harry Wiggins
How many llcs' for rental properties?
Hello,
i am putting my first multifamily deal together and it consist of three duplexes on the same street. Would it be better to own each duplex in a separate LLC or to put all three in one llc?
thanks
Jared P.
Quickbooks for multiple property types
How well does Quickbooks work for managing the accounting for multiple types of properties? I recently acquired a commercial property (single tenant, national retail chain), and now I'm under contract to acquire a pro...
Rachel Joey
Rental properties exchanged to one property
I am learning a new concept of 1031 Exchange. Can an investor do a -1031 exchange by selling 2 rental properties and then use the proceeds to buy one rental property? The new rental price is about the same or higher t...
Bhrgu Itwaru
Looking for a Helco on my LLC - which owns my rental property.
I have a rental property in an LLC own by both myself (49%) and my partner (51%), I will like to get HELCO or CELCO. I currently have a mortgage of $25,000 on the property, the property value is around $220,000 to $24...
Christian Malesic
Veto of Mortgage Relief Bill
HOT OFF THE PRESS: President Bush says he will not allow the Democrat bill to become law, as reported by the New York Times. I am glad. Your thoughts?
See link here:
http://www.nytimes.com/2008/02/27/business/27h...
Sharad M.
What are your goals for 2016?
Hello Everyone,We are about 2 weeks away from 2016. How was 2015 for you? Have you guys made your 2016 goals yet?My goal for 2016 is to do 10 deals per month for a total of 120 deals. This will be a mix of buy and hol...
Charles Hathcock
DTI is too high with 2 mortgages in my name
Hello, We have 2 homes so far, one is rented out and we live in the other. Both are FHA as the bank said it was legal since we lived in the first home for more than a year. My problem is that my credit score has tan...
Andy Bauman
Downside of a HELOC? Your opinions?
Hey all, I'm new here and looking at getting into real estate investing. I'm curious if anyone can tell me the downside of a HELOC. I was able to find a local bank that will give me a HELOC at 85% LTV on my primary ...
Harvey Gronwald
Possible Flip - But the owner is Deceased
I have a potential flip and the number look good, the problem is that the owner has passed and the son has the signed Will. The WIll states that the property is to goto the son and another person. The son has not exec...
Alex Olmo
How many investment properties can i finance?
Conventional lenders that finance more than four properties. Is possible to finance more than four properties with a traditional bank?Thank you!!