I currently own a rental property out right that I would like to refinance to get my cash back out of it for another purchase. I would like to put the property in an LLC when I do for liability reasons. However, my re...
We just completed a 1031 exchange last month, sold a rental property that was titled in my personal name, ended up buying two rental properties for cash as replacement properties in my personal name through the 1031. ...
OK. I have excellent credit ( 780 ) and numerous credit cards with a total credit availability around 150k. Question: how can I effectively use the credit available to me in my real estate investor business? Cash a...
Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
Hi folks. We purchased our first property with cash under an LLC at a discount (~20%). We did not have to do any rehab as the property was in rent-able condition already. Now we want to refinance it and pull our money...
We are looking to use our line of credit for our down payment (while obtaining financing) and keep our cash in the bank. Do we have to transfer our money from the line of credit into our bank account to "season" as I...
We did the BRRR strategy on a property and refinanced it with hard money or private lender who made us put the property in an LLC. The loan and title is in the LLC. I am trying to refinance at a lower rate on a FNMA...
I am selling my investment SFR and executing my first 1031 exchange. I have been approached by other investors offering to take over my low rate mortgage and pay out my equity in cash in exchange for a deed in lieu. ...
I have been studying the Real Estate IRA concept for some time, have a pretty good understanding of how it works and its rules, and am getting ready to buy our first investment property with it, a single-family hou...
Bob & Joe, located in Indiana, go into business with a fix and flip LLC an estimated 10 properties a year and BRRR 5. The partnership agreement is to split profits 50/50. We are newer to the business so we are fli...