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Results (10000)
Steven Taylor Transfer a Conventional Mortgage to an LLC: Risks vs. Upside
28 December 2021 | 5 replies

Hello Folks,
We have decided to hold an investment property in an LLC and are discussing financing strategies for the property and would like some advice.

Option 1: Get a commercial loan for the property under th...

Kate Stoermer Michigan Proposed STR Legislation Update
18 April 2024 | 1 reply

⚖️ HOUSE BILL 5438 - HB 5447You may be aware a new slate of short-term rental bills was introduced this Legislative Session by Representative Andrews (D - St. Joseph). I had the privilege of attending the House subcom...

Marcus Palm Using an LLC to BRRRR
19 July 2020 | 9 replies

Are there any negatives to starting an LLC to BRRRR or is it better to refinance under the personal name. I know when purchasing the traditional method using an LLC would require 20% down. But when refinancing under a...

Wade G. 1031 a SFH rental or not
4 June 2017 | 2 replies

I am selling one of my rentals and the tax consequences will be about 10k, so I can exit this property with 40k or 50k depending on what I do.  Due to the high RE market right now I have no idea if I will be able to m...

Kefah Al-Ramahi HELOC for rental
19 October 2023 | 4 replies

Hello All,I need a HELOC for my rental in OH. Can one recommend a lender?Thanks folks !

Simon Stahl At what point does a Hubzu offer become binding?
15 June 2017 | 5 replies

Hione of my Hubzu bids just got approved. First, they want me to complete a contact information form within 24 hours. After that I am supposed to get the "PSA and associated documents" (not sure what exactly that is)....

Jason Pender Qualifying hours to obtain REP status
19 April 2024 | 3 replies

Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year).  Jason

Brian G. Double close situation?
23 May 2011 | 1 reply

Is it possible to do a double close (using a transactional funder to buy) on a property that requires the retail buyer to get a 203k loan. The property will not be seasoned which is why the double close is needed.

C...

Arjun K. Would you require renter insurance for new leases?
21 March 2013 | 18 replies

Just picked up a portfolio of 5 properties. 2 duplex and 3 single-family. Duplex rents are $900/month. Single-family are $2000/month.

Debating requiring all tenants to have renters insurance ($100K liability)? ...

Sophia Berry Who is liable if lot is not Buildable?
25 May 2019 | 26 replies

Hello all,I am getting ready to purchase 3 lots in a subdivision cul de sac. The subdivision was built in I believe 2006 however, I am a little nervous as to why the  builder did not build on those lots.  There were t...