Several years ago I purchased a primary residence which later became a rental. It was a conventional loan with 5% down. Is there a way to turn the title into LLC? Currently it is in my name. While it is serviced by on...
Hi,I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this bus...
Hi,I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this bus...
Hello BP Family,I hope this is the correct spot in the forums to post this discussion. I have the opportunity to purchase a multifamily house in New Jersey. This property is unique because it is a 4+2. It is zoned as ...
Hey people, a question to all experienced multifam investors in baltmiore CITY -
I'm considering a property that's in overlea but unfortunately is right within the city line. It was actually built from the outset as...
Hi everyone! I'm hoping to purchase a property as personal with 5% downpayment & wondering how to, if possible, to convert the property to an investment property & be able to claim depreciation?
Hey all - I am in the process of closing on a property and wanted advice from anyone who has converted a single family to a multi family, specially in adding a meter to the second unit. The basement of this property w...
Hello i recently closed on a duplex in Sheboygan,Wi and the property has a commercial garage unit that is 3 stories on the back of the property in the ally way. It was used as a carpet warehouse in the past. My plan i...
Hi BP community,
I'd like to tap my home equity to invest in a small MF and assume a home equity loan would be better than a HELOC given the rising rate environment. My questions are 1) is it possible to get a home e...
Investment Info:
Townhouse other investment.
Purchase price: $209,000
Cash invested: $209,000
Bought a fire damaged house (2 structures) off Broadway in Derry. Approved a zoning board variance to bui...