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Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
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Guys/Girls, I really need help....
I recently quit my job to do real estate full time. I'm about to have my RE license, and we also have an LLC with our property income flowing through it. So My wife makes $60,000+ a...
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Ok, so here is the question. How much do you leverage your portfolio? I have friends that are all over the map, I suppose it’s one of those “whatever is right for you” scenarios? I have some investor friends that are ...
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I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
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Good Afternoon,
I am starting my real estate journey with my business to buy cash flowing properties long term. I have personal capital that I would like to only use if necessary. I am looking to possibly get Lines o...
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In Texas, is it possible to refi out (75%) a single family home that is bought with our LLC?
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Hello folks! I have found a piece of property that has a Trustee's Deed in the chancery clerks office that has an "undivided interest" by 3 different parties. I chased court records concerning the property for a while...
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Hello everyone,
I am looking for a bank in the Pittsburgh area that will count rental income towards income without waiting for two years. Let me know if you know any that will do this. Thanks in advance
Taylor
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Hello just looking for advice on purchasing my first Sfh rental investment property with regards to setting up an LLC or getting an umbrella policy and making sure the property is maintained. Seems llc triggers a comm...
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Why is it so hard to get funding strictly in your business name? Is it required to put down your information alone with your business information? I am starting to hear banks ask to run your personal credit alone with...