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I found a post on White Coat Investor about using multiple 401(k)s via a SoloK or some combination thereof with an employer 401(k) to allow one to defer more than $132k (I'm married) into retirement vehicles. I'd lin...
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Hi all,I'm looking to transfer my rental properties into my LLC, and I have been advised that I should do a Limited Warranty Deed vs. a General Warranty Deed. When looking at forms I find online for each, it feels lik...
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Hi,I am currently looking to purchase a multi family property with my VA loan. I cant find anywhere that list's the loan limit for multi family. I have found the single family limits and am curious if those limits are...
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Hi all,Let's say you get an appraisal and open a HELOC, and some time later house prices in your market come down. What happens if:1) You've already taken a draw from the line of credit2) You haven't drawn on itI'm gu...
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After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
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Question for BP lenders. If I want to finance a multifamily property using fha or conventional but the amount of the loan is above the limit, what other options do I have?
For example, let's say I want to take out a...
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In Ohio, is there a limited amount of non related tenants for a SFR?I want to consider student rentals and want to know if there is a limited amount of students I can put in a SFR if I can add bedrooms!?Thanks for any...
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I’m trying to understand the best type of insurance for my rentals. They are typical SFR. My provider offers:
- Guaranteed Replacement costs
- Replacement costs
- Functional Replacement costs
- Actual Cash Valu...
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I've had my LLC for a while, but for the first time I'm considering taking on other investors. Question is....how do I know how many do I know how many shares I currently have setup in the LLC? Also, if an equity in...
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All,I am being advised to put my rental property into an LLC to limit Personal Liability. Would transferring my property title to an LLC while being personally obligated on the mortgage, would that assist me limiting...