Vivek Shah
How to get your properties into LLCs legally
I’m wanting to move my properties into an LLC, but my properties still have mortgages with banks. What is the worlds advice on moving them over legally? Does everyone actually wait until the mortgage is paid off?
Ashley Wynn
BRRRR: Refinancing: Quitclaim Deeding
Looking to start BRRRRing, but after speaking with several local lenders in Alabama about refinancing properties held in LLC, it appears that most only provide adjustable loans with 15-20 years terms. These terms in a...
Jordan Mandel
Rental property under your LLC?
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
Bimal Doshi
Wholesaling using land trust
When wholesaling using Land Trust, there are are two forms that you use
1) Trust Agreement
2) Assignment of Beneficial Interest.
At closing when you are assigning the beneficial interest, is there...
Michael Glaspie
Subject To - Turnkey Rental
Investment Info:
Single-family residence other investment in Fayetteville.
Purchase price: $1,800
Cash invested: $1,800
This beautiful is valued at $170,000. I was able to acquire this property throu...
Jean Claude
Down payment Seasoning
So I have a few rentals already but like everyone else I am looking to expand my portfolio. I have talked to a few private and hard money lenders and came up with an idea i would like to try. I have a discover card wi...
Alex Wong
Chosing the right Bank in Baltimore
I am interested in finding one bank in Baltimore that I want to partner with. With so many options, I would like to know your opinions. Below are my criteria.1. Allowing me to put in less than 20%.2. Not selling my lo...
Jay Lam
LLC formation Attorney Recommendations
Hello,
Does anyone have recommendations for an attorney to help with LLC formation and deed transfer for a rental in Orlando, FL? Thank you!
Mazen Al Ashkar
Online Rent payments in Canada
Hello, What is your favorite method of payment online for rent as a landlord? I was looking into rentpayment.com or yapstone.com for my units in Montreal but they only seem to work in the US. @Olivier LePage @Guillaum...
Aubrey P.
Inheriting RE - taxes, ownership, advice in General
Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...