Adam Juodis
Property Tax increases after purchasing?
I was talking to my dad, who is very skeptical about buying rental properties, and he warned me to watch out for the government raising the property tax after purchasing the property.He told me that in his current hom...
Michael Shadow
Residential Financing for LLC
Does anyone have any advice on getting a residential mortgage in the name of my LLC? I went to a broker and they said I wouldn't be able to do it, that I would have to get the mortgage in my name and buy the property...
Account Closed
Need to note at closing
Hi all,This is my 1st time closing the multifamily. What should I be aware of at the closing date? What should I bring to title company other than IDs, cashier check? Should I ask the title company about pro-rated ren...
Jackie Comitino
Eliminate debt or focus on saving capital?
Overthinking about overthinking. Newbie here and planning on learning, reading, practice analyzing and just getting myself as educated as I can before I make any first moves. But my questions is regarding priorities. ...
Mike Grady
Transferring Rental Properties to Corporation
My wife and I have three rental properties in Ontario owned in our own names. Our accountant had initially advised us to do this when we thought we'd only have one or two. Now we have three and are looking to add mor...
Jeremy Jackson
Buying with credit card......can I borrow money for free, really?
So, I'm on to my next property (buy and hold). I'm wanting to put as little cash as possible up front for the next one. I'm buying in the 10-25k price range. I have two credit cards. Current balance of $0 on both...
Aubrey Prado
Lenders, first time LLC owners, and first time BRRR
Help! We are currently under contract for our first BRRR property. We recently established our first LLC to start putting our rentals into (we currently have two other SFR) but lenders don't seem to like the idea of l...
Binyamin Pinhas
Mortgage interest tax question
My partner and I are closing on our first home and I have come across a question for tax purposes. Originally, we wanted to purchase the home in an LLC, however, the the rate would have been substantially higher. It w...
Sophia Wang
What's the typical deal analysis for Subject To deals
When doing a subject to deal, what does investor look for in terms of equity spread, or as long as the rental income to monthly payment spread is big enough? I have a subject to deal in the making, but the wholesaler ...
Brandon Motuk
Refi from LLC to Personal
I currently own a property through my LLC that I am looking to refinance. I just had one lender tell me that if I wanted to "refinance" into my personal name (they don't lend to LLC's) then it would actually be a sal...