Jane Lee
Obtain a limited broker or real estate license?
Has anyone debated obtaining a 'limited brokers license' over a traditional real estate license? I'm trying to determine which makes most sense for self-investment property. To my understanding it provides a more dire...
Flavio Zanetti
New FHA Regulation for HELOCs
Folks,I was in the process of increasing my HELOC limit when BoA mentioned there is a new FHA limitation on HELOCs where the total number of mortgages someone can have in order to have a HELOC (bear in mind I was just...
Michael S.
HELOC Count Against 10 Loan Limit?
I've been checking everywhere to find this answer, but can't find it (even after asking a HELOC loan officer), so figured I'd try here. Since I'm getting close to my 10 loan limit, I wanted to see if a future HELOC I ...
Aaron Guscott
Credit Cards for Renovations
Hey guys! I'm in Redding CA and just bought a duplex. I'm trying to find a good credit card for about 10k of renovations. To get a higher limit, do I need to start a business or how have people funded minor renovation...
Calvin L.
How to swap ownership with a sibling?
Hi I own two properties of roughly equal value with my sibling. Each of us own 50% / 50% of each property. What's the best way to swap ownership so that in the end each of us own 100% of one of the propertys? Is there...
Brian Wall
Best way to Legally Structure Deals?
From what I've read on the Biggerpockets Forums in the US section, an LLC is the most popular for the liability protection, and the tax structure, and has less accounting headaches than a C Corp. However....here in C...
Paul LaSpina
Business Structure of LLC and partners
Advice would be appreciated. I am funding a partnership with an "Operating" partner. His LLC will be the "GP" general partner with my LLC as the limited partner. He is coming in with NO capital but as the operating/Pr...
Heather Shannon
Cash strapped: How to Finance a pricey 3-flat?
Hi All!I'm so happy to have found this community recently-what an awesome resource!I currently own 2 condos in Chicago: 1 in Uptown that I've had a year-long renter in. Her lease ends at the end of the month and I pl...
Raymond Macasaet
If you switch your VA Loan to Conventional Mortagage? Can you....
Hi BP community! Can you reuse your VA Loan if ? You converted your mortgage to Conventional loan?
Roger S.
10 mortgage limit question
When doing a refi, how does the 10 mortgage limit work? I did a refi last year and ran into that issue, but since I was at 10, it didn't matter. I guess my question is, do portfolio loans count towards the 10 mortga...