I'm having trouble following all the rules of the game.  I want to buy a rental house with a convention 30 yr fixed...but secondary markets don't want to lend to an LLC?  but if I want to have the rent house in my nam...

Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction.  I have recently put an offer on a multifamily property that I had ...

Hey all, I'm wondering what you all do when given a security deposit. Do you immediately put it in an escrow account or do you just keep it in your personal account? I've heard about landlords that pocket the deposit ...

Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks

Team, Here is a scenario. I am currently in escrow since I am selling an investment property along with a partner. At the end of escrow, I will get close to 300K but out of which $15 to 20K is the profit.  so I am sub...

I have my first prospect on a nice 3bd single family home owner is asking 86,500 for it..great looking property and lots of land... huge back yard. other houses in the area are going for 95k I know this could be a go...

(repost since i did not get many replies)I just got my first rental condo. The condo is currently under my spouse and my name.A few questions How should we put as owners of the property? Us as owners? Or create an LLC...

My Chase Business savings account pays negligible interest, and I would like a higher interest bearing account in which to place security deposits so I can keep the interest (in Michigan where this is allowed).Where i...

HelloI have bought some of my properties with my real estate LLC name and some with my personal name. I was wondering if i could use the same real estate business account for both rental income to make things simple o...

Hi BP,In NC here. When I save up enough cash from my cash flow going into my business account, when it comes time to purchase another buy-and-hold rental I am assuming I can't finance with my LLC but with me personall...