Hi All,My family has an irrevocable trust that we established last year that has a savings account established with it and we want to use the money in the trust to purchase some property as an investment and I guess I...
I have a property I've been planning to rehab and rent out. I've spoken to several lenders, all of whom have been very helpful in educating me a bit, as someone new to this, and have been eager to work with me to get ...
Hello everyone, I was told by an attorney that the corporate veil of a single member LLC is easier to pierce and thus has less asset protection and charging order protection than a multi-member LLC. That's why he tol...
What parameters do you use when deciding whether or not to create an LLC for your property?I’m looking to buy a small multifamily home and use a medium term rental strategy in Albany, NY. I’ll owner occupy. It will be...
Wholesalers! I've been consistently going door knocking on pre-foreclosures, and it been a ride! I've run into numerous difficulties, but one that sticks out is Proof of funds! A lot of sellers ask. Firstly, is it nec...
I have been researching banked owned properties through my county's assessor website. I've come across a lot of properties where the owner is listed as a bank (ie, Bank of America). I'm assuming this is property th...
I'm about to start a business entity in California but I'm not sure which entity structure would work the best for my Note business. Currently my focus is on seller carry back notes, but I'd like entity to be flexible...
Greetings. There's been a ton of discussion around when to form a LLC. I would love to solicit your advice as I'm guessing many of you have gone through the same thought process. A bit of background info:
1) My wife ...
I have a question for anyone familiar with medicaid and elder law. My friends Grandma owns a home that she owed money on, but has over $4,000 in equity(the max asset value allowed in my state.) I know that once medi...