Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
When evaluating the strength of a franchisee or a national QSR how much scrutiny it is placed on the franchisees financial statement more specifically the personal asset ownership?Here's my scenario, the franchisee of...
I plan on purchasing a rental property soon. I'd like to register it under an LLC, problem is I'm looking at properties in multiple states so I'm unsure of what state I will need to register in. The question that I ...
I found two houses that are from an Asset Manager.
I want to wholesale a deal to another investor, but how does it work when it involves an Asset Manager selling those two houses??
These are vacant. The selling pric...
I presently own a rental property in my Roth Self Directed IRA. Can I move it to my Traditional Self Directed IRA and hold the property there?
I've read conflicting information about this issue, so I intend to check with a RE attorney. Does anyone here have insight into this matter?Can a Florida property be owned by a WY LLC without registering as a foreign ...
I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...
Hello all,
I've launched a new real estate investment company that will be Wholesaling and Acquiring properties using creative finance and other strategies. But I'm curious, any suggestions and guidance around launc...
I am new to real estate investing , and I am wondering how others structure each of their rental properties. 1) Does each rental have its own LLC? 2) Do you create separate bank accounts for each property, under the ...
Hello guys,
I have a question and hope that somebody can explain this to me a little more. When is it convenient to have a LLC and what is really the purpose of it? I been reading about it, and feel like I can use i...