I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...
Just curious, how would you do a personal loan to your LLC? What paperwork is required?
We sold our primary residence (house hacking triplex) and are using the capital for 1 primary (SFD) and 3 rentals. We found 2 cash flowing properties by the same seller. Would it best to finance separately with conve...
Hi everyone,I've been calling/visiting banks in my area to decide where I feel comfortable. I am a newbie investor getting ready to purchase our first rental properties (I'm hoping to buy 2 this year and 2 per year h...
Question: Since a business is new and doesn’t have any time in maturity, the single member LLC got a personal loan. Could they deposit straight from loan to business account? Also, if all of it goes to a business acco...
If I were to get a personal loan for my single member LLC, could I deposit right into my business account? Also, is the interest a tax expense then? Thanks.
So I took out several personal loans and one of them after two months wants to call the loan because they said i have too many loans before I applied, which is funny because I thought they would have seen the inquries...
I purchased a 4plex unit in March and the original owner carried a loan for 35% of the property and I paid cash to this owner of 65%. This was only a temp loan (9 months) and will need get a long term loan in place to...
I'm trying to protect assets and also avoid people writing rent checks to my name:
Can i buy a property and finance with a loan in my name but the LLC on deed?
Or do i buy in my name and perhaps use a DBA?
How ar...
Hi all, I am just getting started in REI. I have a reno just completed and tenants ready to move in. I had planned to BRRR his one. I also just purchased a second home for reno that might be more qualified for a fl...