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My husband and I are under contract to purchase our first investment property, a fourplex. We are using a 1-4 Residential Loan under our personal names with plan to do a Deed Transfer to put it under my LLC post closi...
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BP,Does transferring the deed over to your LLC provide any asset protection while your personal name will still be on the mortgage? As many of you already know, lenders don't like lending to entities as much. I though...
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Dear Jay Hinrichs,
In terms of my loan criteria, Please find my terms listed below to help guide you through
I offer a wide range financing that involves the following and many more.
a) Personal loan (unsecured...
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Hello all!I am looking to buy my first multi family but need to make sure I understand my monthly payments to find the best deal. Unfortunately this includes figuring out taxes. I am trying to wrap my head around asse...
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Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
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I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m...
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Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...
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As far as I’m aware, FHA loans are only for individuals. Is there any way to get an FHA loan and transfer it to the LLC? What are the pros and cons of this?
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Okay I went today to the bank just to get an idea what I may borrow. I mentioned to the loan officer that it will be NON owner occupied. I told her my intentions of buying a duplex or SFR and renting out. I was tol...
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Two of my friends are planning to buy a fourplex property in Cerritos, CA. One of them has a good credit rating, the other one had a foreclosure a year ago. Is it possible in CA to buy a property, get a mortgage under...