Hello everyone. I am buying my first duplex and plan to have an LLC to separate my personal and business financials. I was talking to my banker and he advised that I should by the property under my personal name then ...
I have quite a few properties already and continue to expand. I'm looking to form a LLC soon. I will be meeting with an attorney but wanted to see what advice you guys had... Maybe questions I should ask; things I sho...
Hey BP community,
I'm looking for a RE attorney to help me move a couple properties to my LLC, rather than keep it under my own personal name. Is there an attorney that you recommend for this situation?
I'm just writing this because I'm getting excited it may be about to happen. I'm not sure how calculations would work on this: essentially I may be getting a free apartment through my job. I just pay utilities.My curr...
Hi everyone, my question is can I have a mortgage on a property and transfer it into a LLC, or does it need to be paid off first, and also I have been told banks wont lend to a LLC if you try to buy a single family ho...
Hi Guys, First post on here!I sold a warehouse that I owned since 2011 this January and did an exchange carrying over $1m into another commercial property purchase price $1.5m.Im currently submitting plans to the city...
Good day B.Peeps!I’m a licensed agent/soon to be investor, in Chicago and I’m purchasing my first multi-unit building, which I will “house hack” and occupy one unit! I had my credit ran, I know my loan approval amount...
My husband and I have an LLC (incorporated in NV but we live in CA) in which we have 50/50 ownership. We currently 3 properties: a CA rental property in his name, an IL property in my name, and our primary residence i...
What does everyone think about lease options?I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property w...
I just sold my retail business. Now that I have some cash to invest, I'm looking at real estate - specifically single family homes. Not so much the flipping [unless I were to find a real obvious one], but more of a re...