Gabriel Martinez
Banks that allow HELOC loans purchased under an LLC
Anyone have any luck finding a bank that offers HELOC Loans under an LLC? I have found a bank that allows you to purchase rental property under your own name, but keeping the rental property under your name doesn’t pr...
Timothy W.
REOs and the RTC
Hey Folks,
Can we have a centralized discussion started on the impact of the RTC on buying REO properties? Not bulk REOs but the purchase of REO properties one at a time. I had one person tell me this mo...
Angela Pynenberg
New Member in Neenah, WI
Hello BP family,I am a 45-year old mother of soon-to-be five. My husband and I are planning to become financially stable and independent within five years through real estate investments, mainly house hacking and who...
Elizabeth Woolf
Selling a house that is in the name of my LLC
I have a house that I've been renting for the past few years and I plan to sell it to buy something closer to where I live now. I used to live in it so when I started renting it, I did a quit claim deed from my name t...
Scott Trench
Gold Investing - Insane? Or Surprisingly Successful?
It seems pretty clear to me that members of BiggerPockets will generally understand the obvious long-term advantages of Real Estate and even passive index fund investing over hoarding gold.The problem is that gold isn...
Ben Clinger
The Ohio Housing Finance Agency and my first house hack
Hi,I just wanted to make everyone aware of what I believe to be an underutilized housing program available to first time homebuyers, veterans, and college grads in ohio.The Ohio Housing Finance Agency (OHFA) offers di...
John Chung
Tenant application with low credit score - how to reply
Hey all,
New landlord here. I recently got someone looking to rent my unit. Unfortunately, this individual has less than standard credit score (close to 500). Also has outstanding collections on some credit cards....
Andres Andrade
HOA Short-Term Rentals
Hello all, My wife and I closed on our first property March 2021. We live in the property, but we want to list 2 of our rooms on Airbnb. We have been renovating the extra rooms and getting them ready to list. However,...
Eli C.
1099INT for private loans
I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
Chris S.
setting up LLC in Ohio
I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...