Hi,I would like to know what is the best way for group of friends to start purchasing rental properties. We would like to create LLC and get loan under that LLC name but I am finding it hard to get loan that way. Any ...
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I'm looking at a property that would require 200k downpayment + closing costs. This would dramatically deplete my liquid assets. I was thinking of getting a Home equity loan (HEL) or a HELOC on my primary residence ...
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Thinking about putting several of my properties in an LLC, and wanted to gather peoples thoughts on a topic that seems to keep coming: What is the liklihood of triggering the DOS clause? I already have an umbrealla l...
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I personally own a home with the mortgage in mine and my husband’s names, financed as a second home. The plan is to rent it out as short term vacation rental and have it pay for itself and generate income. Our bank sa...
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I am looking to Quit Claim a duplex to me personally that is currently owned in my business name and has a Commercial loan against it. My intentions were to complete the BRRRR with a Construction Loan in the Business...
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So my brother and I are finally getting a rental property.Loan is under way with our personal names. However, we wanted to put the title in LLC from the start instead of transferring it after the closing. Has anyone...
Hey Everybody. My name is Luke and I'm starting to get my feet wet in the real estate market here in Charleston, SC. I currently have 3 properties (2 of which are rentals). I took a HELOC out on my current primary res...
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ISO Lawyer that is familiar with the process of opening a LLC + Land Trust for me and my partners. I've been doing a little bit of research to become familiar on setting up LLCs for investment properties and came acro...
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can someone help me out? is it hard is it easy? whats the best way to do it? how long does it take? etc...
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We are looking at purchasing our first rental property and going the route of getting a second home mortgage. Some advice I had been given was to create all LLC and purchase the place through an LLC. What I am startin...