My lender suggested moving a multi-family from my personal name to an LLC immediately post-closing via quit claim deed. Does anyone have experience with this (even better if in Chicago)?
According to the City of Chi...
I’m in contract with Hudzu on a foreclosure. I’ve only seen the outside but someone is living there. It’s a 1700sqft 4/2 in a good spot and I’d like to turn it into a rental.
I’m looking for suggestions and laws reg...
My attorney advised me to put one of my Brooklyn mutifamily properties into an LLC. The property does not have a mortgage. I was thinking about filing for an LLC on my own and having the attorney prepare the operating...
Hi ! I am new to the real estate investment space and would like some tips if possible ! My goal is to buy a fourplex and house hack . Do you find it viable in this market of very high prices ? Side note … I’ve been a...
Looking to connect with anyone who has had experience with purchasing at a tax deed auction in NY.There is one coming up and I've identified properties of interest. (I have drove them, searched county tax info and req...
I ran an application and found an eviction report on someone with the same name in my area. Does anyone know, if I call the courthouse, can I give them the DOB or last 4 of social to get them to confirm if it's the s...
I just recently closed on a duplex a week ago. I have not moved in yet, and currently have tenants living in the unit I will be living in. I won’t be moving into the Unit until April. The property doesn’t have mailbox...
I recently learned from a lender that because I don't have a primary (not plausible in the near future), I can't count 75% of rental income from rental properties as income toward my next loan...this is a new rule tha...
Hi there, If you purchased and rehabbed a property with cash and then owner financed the sale. Is any of the purchase or rehab money tax deductible on the gains from buyers down payment/monthly payments.
Hi! I'm curious what some of the various pre-screening requirements investors have when looking for rehabs or flips. Thanks!