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My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
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Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
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So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
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just like the title says should I purchase homes in my personal or under entities like an LLC.
I have read if I use an LLC I will get double taxed in the USA and in Canada
Does anyone know if this is true or not I a...
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I generally work with properties under distress, get an option and wholesale. I found a house with over grown grass and vacant over one year now. I finally got in touch with owner and she stated that the house may be ...
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Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
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Alright analyzers of Bigger Pockets. This is an interesting one. Here are the home details:North Miami Beach, FL 331623 beds 2 baths 1,800 sqft (Lot: 8,300) sqftWe own this home outright - purchased it for around $175...
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Guys, If i have the cash to invest in flipping homes, will I ever use/need my credit? If so, when or how in example?
Do I have to make an effort to keep it in good standing since I have cash, or I can be without?
Th...
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Good evening everyone,
I looked around on a couple of threads posted on this site, but didn't quite get the answer I was looking for, so I figured I'd just ask here! (Sorry if this has been asked a thousand t...