Noam Ofan
Quitclaiming a Rental from my personal name to an LLC ??
Does anyone here know of a company who will help completing the process of switching my rentals from my personal name to an LLC?Some of them have loans on them and others don't. Thanks.
Tyler Powell
Max Borrowed Debt with Low Rates
Hey BP Members!I own one Condo here in San Diego, CA and looking to add more income generating assets. There is one thing that I have not gone thru and therefore don't understand how people are accomplishing "it".How ...
David Pittman
Becoming a Mortgage lender
Good afternoon BP Community!I am a partner in a General Contracting business building new Custom and Production homes. We are in a small town outside of Houston that is one of the fastest growing areas in the greater ...
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...
Account Closed
Residential loan for multi family
Does anyone know if a bank would give me A residential loan on a multi family building of 5+ units if the property is in a llc and the loan is in my name with the building as a Collateral
Tim McKinnon
First Time Investors
Hi Everyone,
My wife and I are looking to begin our real estate adventure over the next few months in multi family homes . One thing I keep wondering about is if we should for an LLC or a corporation of some sort to ...
Alfred Bell
Is Private Lending An Activity That Is At Risk?!
I'm very unhappy to hear that Dodd/Frank, the SAFE Act, and who knows what else is in the works, is legislation originated from the banking lobby (in cahoots with the governement) aimed at knocking private and small l...
Adam Gerig
Sub-2 bank statement
Is there anything special that you guys use and have the seller sign to get the pay off information to put a sub-2 deal together? I've got one that is a cash-cow that I am looking to tie-up, but would need to get ban...
Jamie Hatleberg
Preforclosures in WA state
I am a new investor in the state of WA and I want to know if is possible to buy for pre-foreclosures. I am aware of the Distressed homeowner law. However, is there a way around that law?
Jimmy Lieu
What should I use? Umbrella insurance or LLC?
Hi,I recently just learned about umbrella insurance. I was wondering, if I am about to start my house hacking journey, should I have an umbrella insurance or LLC or both? Or should I not have anything at all?I want to...