Hello, my name is Logan Braunecker, and I'm 18 years old. I have always been interested in Real Estate, but I seriously started to think about investing when I thought about my future. My goal is to own two properties...
So when i first started i bought a duplex for $16,000 put $5,000 into repairs and went to a local bank that lent me a line of credit for 80% of the appraised value which was like $45,000 so i rolled that into my next ...
A mortgage broker offerd me a deal.
A gentleman needs special financing so I was asked to participate in this deal:
Property is valued at 800k the gentleman is willing to give me 60k in advance as well as pay the m...
Hello,
If my business partner and I take a loan out on our LLC (50% ownership) will it show up on my personal DTI?
Appreciate the help.
Thanks...Paul
My wife recently inherited her childhood home when her mother passed. The property was held in trust with my wife as the only child and successor trustee. We have not attempted to change anything on the title. We r...
I received a CP2000 notice from IRS and send to my accountant who prepared taxes. The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return. The issue was...
I have my eye on a large lot that currently has a really small one bed one bath on it. the zoning allows for a fourplex to be built and that is what i would want to do with it. the property is very close to future dev...
I have only looked into residential financing (4 units or less) and am familiar with the requirements. Debt to income ratio is pretty much killing that type of financing for me for a while, even with a big down paymen...
Hello all,Since I'm just starting out, I wanted to reach out to industry professionals and get their first hand advice and ultimately hope to get a mentor in the process. Turns out a friend of my sister is an investo...
I am 21 years old and have been building credit for a while now, I am now preparing to purchase my first rental property, however I was considering opening an LLC, not so much for the liability protection but for the ...