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Results (8576)
Jay H. NNN Franchisee Credit Question
12 March 2015 | 8 replies

When evaluating the strength of a franchisee or a national QSR how much scrutiny it is placed on the franchisees financial statement more specifically the personal asset ownership?Here's my scenario, the franchisee of...

Tyler Carpenter Forming LLC?
9 August 2018 | 15 replies

Would/ Can you form an LLC before you buy a property. I was told that most banks wont loan to an LLC real estate if you dont have a lot of business history with the banks. What my mentor said was once I bought a prope...

Shaun Draughn Building business credit!
19 May 2014 | 6 replies

Hello everybody , I am currently in the early stages of building business credit & business Capitol (for my flips) and in doing so I know a lot of times you have to have these lines personally guaranteed due to la...

Kranti K. Defend subpoena to trust.
2 September 2024 | 18 replies

Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...

Jeremy Marek Did you have to co-sign for your LLC?
17 February 2017 | 1 reply

On your first deal that you need traditional leverage, did you all have to personally guarantee the loan? It seems like most every bank I talk to wants me to personally guarantee the loan, since the LLC is new with no...

Brian M. Best way to set-up an LLC?
10 April 2022 | 6 replies

First time doing an STR and I want to put it in an LLC to shield my other assets as best as possible. I've read the pros/cons of LLC vs only doing umbrella insurance and I'd prefer to do the LLC route to minimize risk...

Justin Kushner Investing with a Sibling/Best Friend ... LLCs... Considerations ?
13 March 2019 | 15 replies

Hello, BP Community!"Long time listener, first time caller" hardy har har... I really look forward to hearing what you all have to say about this one.The backstory: My brother and I are best friends and great business...

Christina R. How to Conduct Business in 2 Family Owner occupied House - SMLLC
11 February 2020 | 4 replies

Hi all,I am in contract on a 2 family home in which i will live in one of the units and rent the other. I opened a single member LLC and have the contract in the LLC name with me personally guranteeing the loan, okaye...

Jerome Sarath Two Partner LLC for Rental Property. How to get a mortgage
21 August 2017 | 3 replies

Me and my wife started an LLC to hold our rental properties. So two partners. I know it is not possible to get a mortgage for an LLC that is only few weeks old. So we are thinking of personally guaranteeing the mortga...

Coleman Cox Benefit of LLC when starting out?
3 November 2019 | 4 replies

What are the benefits of purchasing my first property/properties in an LLC if the bank is going to make me personally guarantee the loan anyway?