Pat Bruton
LLP or LLC???
I am converting a personal residence into a rental and am wondering what would be the benefit of starting an LLC compared to an LLP? The partner would be my wife. I am thinking of possibly the benefits of an LLP bei...
John Y.
Factors impacting ability to take out more loans for investments
I'm thinking of buying more rental properties and curious to factors that may limit ability to get more loans. I've been borrowing under my person and not my LLC .-I have two loans ($500K total) on two properties, tak...
Dylan H.
Conventional loan limit before marriage
Hello Bigger Pockets - My girlfriend and I are newbies and still developing our long term strategy - Something popped in my mind regarding loan limits ie: number of loans allowed per person vs. number of loans allowed...
Tran Chau
Guaranteeing an LLC for an Apartment Purchase
Hi all! I'm currently looking at an apartment building where the purchase price is around $1.25m. If all goes well, the plan is to purchase the property through an LLC.I spoke with a commercial lender the other day an...
Alex Smith
How to Buy Houses as a Corp or LLC?
Hello everyone,
I'm looking to buy two townhouses and rent them out. I was told I could only get a personal loan. How do I buy these properties as a corporation? Can I buy them on a personal loan and eventually sel...
Jordan Roberts
Umbrella Policy vs. General Commercial Liability
Hello,
Insurance has always been difficult for me to understand and I feel like it's all a scam anyway (since they always find ways out of covering stuff). Can someone explain to me the difference between having a $1...
Justin Summers
Florida gives a discount to seniors on their Property Taxes..
Florida gives a discount to seniors on their Property Taxes solely due to their age. How is this not age based discrimination? Younger first time buyers, say early 20s, have less money than seniors whom have been abl...
Jared Vidales
Probates in California
We're seasoned pre-probate investors in Arizona. We're great at finding deceased owners, and working with the Heirs to name a Personal Rep, and ultimately buying their property. We want to apply the same strategy to d...
Carroll Lee
Hard Money Bridge loan Eval
These are the terms for a Loan I need to make to get to my deposit total of 120,000. Please let me know of any lenders that can do better.95,000 net $107,495.00 Total Financed Amount.The original pitch had a 5 year...
Aubrey P.
Owner of Commercial Office Spaces - what insurance
I am assisting a friend who recently inherited several boutique office buildings with tenants. These properties are held in name only and not LLCs. Can someone please explain what types of insurance would be needed to...