Joshua Bailey
Create an individual LLC per investment property?
Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
Kristian Kotov
Advice on Looking for Commercial Lender for a 5-Unit Building?
I have identified multiple 5-unit buildings that I am looking to purchase in the Fall River, MA area. Originally, I was looking for FHA loan, but when I found a 5-unit building within my budget, they told me that FHA ...
Devlin Melvin
How does running an LLC affect your financing situation?
For example, Ive heard you cant get a HELOC if you have the property in an LLC. Ive also heard you'll pretty much have to put a 20% downpayment for a conventional loan. Are these true? And how else can owning an LLC a...
Sumit Sharma
question regarding commercial real estate
Hi All,I am looking to start investing in real estate in nj and my interest is more in commercial property like a shop in some strip mall. Is it even possible to buy shop in strip mall? Or they just rent it. Your advi...
Frankie Bennett
Is establishing an LLC a good Option Starting Out
So I'm just starting out in real estate and recently had a lil piece of land given to me that's occupied that I could get rent off and I plan to start buying and holding property. Because I don't want to deal with ten...
Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
Ron Jon
Financial statements for new LLC (partnership)
I am planning on creating an LLC with a couple of partners to buy our first investment property within the next few weeks. All are active partners and have equal stake. My question is about the visibility of the perso...
Daniel Hyman
Once you reach your financial goals how will you spend your time?
I believe it was Confucious who said, "Choose a job you love, and you will never have to work a day in your life." Many of us are fortunate to earn our livelihood in an industry that we enjoy being in. So much of our ...
Kaoru Yamazaki
HELP! Should I walk away and buy an investment property instead?
I am so lost and any help would be so appreciated! My husband and I do not own any properties yet, but instead rent for ourselves. We have been in the market for some time, but the market has been so crazy that we hav...
Nickolas Poce
Loan advice for a resort.
I'm looking to buy and run a resort. I found a lender named Steve Mayer of finance holding co. I told him my credit is isn't great and that I recently found out that the resort I was interested in doesn't have any fin...