I'm currently looking at a few multi-family properties in my local area (~max $200k). I would like to find advice on financing the project.
I currently have two properties under personal mortgages and traditional fi...
Commercial Real Estate - Personal Mortgage is that a possibility?Do we need to form a LLC to buy Commerical Property Mortgage? Can we buy Personal Mortgage for Commerical Properties, based on my reading an umbrella in...
I saw recently that Fannie Mae released new guidance on the due-on-sale clause where they are no longer enforcing when someone transfers ownership to an LLC owned by themselves.The quote and link below:"A limited liab...
Hello BP
I have 8 homes that I currently own and all have been rented with no issues. I am thinking about selling one to make money to pay off debt which is currently the house I live in. it should bring me I hope 12...
Hello Everyone,I’m looking for some creative advice. I am just starting to invest in small multifamily units in Fort Worth Texas and I happen to stumble across a great deal. In short, I found a duplex that the owner w...
Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?Question, can i use HELOC from primary residence to buy land somewhere else and be able to deduct in...
Hi, My question is how does a personal mortgage debt effect getting commercial loans; Scenario, I’m thinking about selling my personal house and one rental to stockpile a significant amount of cash for future purchase...
hi all,
i am hoping for some guidance. i know ultimately i need to speak to a knowledgeable asset protection attorney, which i am in the process of finding, but until i sort that meeting out i wanted some opinions on...
Hello everyone! New investor here! I’ve found a property I like, ran the numbers and want to pursue it. But I don’t have the capital for a down payment. A cash out refi would raise my personal mortgage at least $650/m...
Hello, We are buying our first rental property, a small townhome, and I am confused about how to best protect ourselves from tenant suits. My understanding is it’s best to set up an LLC but we would not qualify for a ...