I have spent hours reading and cant find this answer. I've talked to 3 CPAs and they all say it depends (given, I haven't paid them it was an initial consolidation for each firm). Please. I need an easy answer. This i...
I'm working on being very clever and realized I might be trying to be too clever... I could use some advice.OVERVIEWI have a sfh + ADU in a very popular part of Atlanta - Old Fourth Ward. I'm using the ADU as a STR an...
My husband and I own 4 single family rentals. We have a personal home with a mortgage on it that we've paid down substantially over the years. We use a HELOC on our personal home to buy rentals with cash. We have so...
I'm trying to structure my first rental property. There will be at least 2 partners maybe more. We will all contribute the same amount of cash for the down-payment and all other initial costs. We want to sign a par...
Hi All, I am running up against the personal mortgage limit of (10) and have to go commercial if i want to continue . My question(s) are:If for example i pool 5 properties together into one loan, and decided to sell ...
My wife and I are set to close on our first purchase in 2 weeks. We would also like to set a contract to build a home with a personal mortgage as well. Does the LLC loan count against our ability to qualify for a pers...
Hey all, Very new here and I apologize for asking newbie questions. Say my partner and I have an LLC with investment funds in the account. Is it possible to get a loan under one of our names to purchase a home but use...
Hello!I have seen some posts around this topic, but nothing that definitively answers my questions.I just talked with a lender that will provide a loan in my name, even if the title for the property holds the name of ...
Is it possible for an LLC to obtain a mortgage without a personal backing? It is my understanding that if the LLC has good credit and a history of financial dealings then it can. How long of a history and how ...
I'm in the process of purchasing a home with a business partner and during the mortgage process the builders mortgage company exposed my personal financial data to my BP (Credit info, income, debt, payments, etc.). Gi...