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Results (10000)
Bienes Raices "Due on Sale" clause and interest rates?
1 October 2011 | 36 replies

I know that the consensus is that "due on sale" is almost never triggered in the real world.

However if someone locked in at a historically low interest rate today and then deeded the property to an LLC (or some oth...

Scott Pyrcz Transfer home into LLC
12 March 2018 | 36 replies

Hi everyone,

I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...

V Krishna Large deposit into bank account
10 May 2020 | 4 replies

Hello,I am in contract with an investment property and the under writer is asking for source of deposit on large deposits into my account 3 months ago. The deposit was from loan returned by my own brother that i lent ...

Susan Homeier Questions to ask Lenders
23 February 2018 | 5 replies

I thought it might be a good idea to develop a checklist of questions/requirements/red flags to help with due diligence on Lenders.  Please post if you can provide anything that you think is helpful, anything that mig...

Brandy Johnson Lending scam? David Jackson Loan Firm
20 September 2016 | 3 replies

I think David Jackson is a scammer. I am so glad I didn't send him any money or bank info. Reading the posts regarding lending scams, I have gotten the same red flags from David. At first he seemed legitimate but now ...

Account Closed Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
9 January 2024 | 0 replies

For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...

Natalie Schanne Selling LLC to sell House - What Complications?
23 March 2021 | 2 replies

I’m thinking about buying a quadplex in an LLC, operating it for a couple months and selling it to another landlord. (Or maybe an owner occupant buyer).Has anyone bought a (tenant occupied) house in a new LLC and then...

Gideon Spekterman Currency conversion for an out of country investor
7 December 2017 | 5 replies

Hey everyone,I'm trying to get things working for buying my first rental property, and one of my challenges is that I am an out of country investor, which means that the cash that I have for my first deal isn't physic...

Chris Martin No HUD sales... for how long?
18 March 2011 | 4 replies

Since we can't bid on HUD properties for the time being (in NC, SC, IL, IN, VA, WV) does anyone know when HUD sales will be back in business? All HUD properties were withdrawn, because of a change in the asset manager...

Jeff V. Buy and Hold Rentals and Performing Notes in same entity?
4 January 2018 | 8 replies

I have an existing Buy and Hold Rental business, but looking to expand into Private Lending and Performing Notes.The question I have is, is it typically ok from a tax perspective to hold Rentals and Notes in the same ...