What is the best way to take title for a new Triplex in Phila, Pa. I was approved as an individual and received a favorable rate , 4.85 on
a 30% down payment and 30 year term. Insurance agent, said I can carry mo...
Where would I find “individual" private money lenders? We are well established, have an excellent track record, BBB accredited and would secure the loan against secured property and would be looking for short term fin...
Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax. Usually, the rental income is considered effectively connected with a U.S. trade or business, and therefore, it is ta...
Excited to invest in my first property! I understand that having a property under an LLC is wise. However, I cannot seem to get a business loan for it, given that it has no revenue since I don't have a property for it...
I'm trying to figure out how to get other connect information on specific apartments in the NYC market, any tips would be appreciated!
Hi everyone - I've been coming across individual, vacant lots with utilities/pad already set up, or city utilities available. Has anyone invested this way? Purchasing individual lots and essentially renting to a TOH? ...
Hello everyone. There is a mobile home park in CA that I have found it very hard to find someone to lend on. I’m a loan officer. It is a 55+ community, the homes are not on a permanent foundations. When one is purchas...
For those of you who believe the CFPB will not go after small operators, or that MLO's are experts on regulation that can protect you, consider this excerpt from a press release:The CFPB found that David Eghbali refer...
Hello BP,I know in general, most recommend using LLC when buying property to some way to limit your liability from the property. 1. Any disadvantage of LLC over owning individually?2. Do you get less preference from l...
To All,
Just wondering what everyone thinks. What are pros and cons of:
1. Selling all rental properties separately (within a short period of time)?
2. Selling them once as one LLC (assuming all those rentals are p...