Andre Delacroix
Can a mortgage loan be assumed by an LLC?
Hello, this is my first post!
I am looking for creative financing on the following deal:
$110K single family home with HCV/Section 8 tenants ($1350 rent, $1000 govt $350 tenant) in good condition:
A personal mortga...
Jason Thomas
Do I understand the Roth IRA correctly? What am I missing?
I'm exploring my options to roll over a 401k from an old employer and want to make sure I am understanding the basics here. I realize that I'll need more specific and detailed advice from my own advisor, but the exper...
Jason Jones
LLCs & Lenders
Hi everyone,I'm an attorney and full understand the pros/cons of having property in an LLC, but one of the problems we are running into is that lenders are seemingly entirely unwilling to finance properties held by an...
Kristyn Grimes
Due on Sale Clauses: What's your experience
Happy Thursday, BP family!I am doing my homework on financing options that will work best for me right now in our current market environment. I've come across the concept of lenders including Due on Sale clauses when ...
Joe Patera
Closing Costs
I'm buying two properties in Jacksonville and Wells Fargo is charging $5000 for each loan.Does that sound right?
Colin Girard
Canadian with Canadian questions
Hey Guys, I've been lurking for a bit but thought I would make my first post with a question I have (any others probably do as well) and maybe consolidate some of the questions/differences us Canadians deal with compa...
Curtis Cutler
cashing in 401k? rethinking retirement.
Hello all, I'm trying to rethink my retirement plans. I lived in NYC and worked for the city until I was terminated for not taking the covid vaccine. There's a lot more to the story. We had to move to SC. I have a 401...
Sherri Behrendt
Financing under mortgage then changing title to LLC help.
Hello Bigger Pockets Forum, I just bought my first lake house for Airbnb and personal use in Clear Lake, Iowa. We intend to pay cash to get the deal and then finance to free up cash to reinvest in other properties. W...
Mike Higginbotham
Seeking advise on refinancing from an llc into my name for conventional loan
My partner and I purchased a home using an interest only loan last year and rehabbed it in order to make it a STR. All of this was done in our LLC name. It's been renting great, but now the loan is coming due and I am...
Jonny Morris
Help please! Setting up the business/LLC and bank accounts
Dear BP,
Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.
I have my HELOC approved. I have...