My wife and I have done STR, LTR, flips, etc. but have a unique opportunity that we want to pursue but stuck on how to structure. Looking for ideas.The property was purchase a decade ago, but since buying the land the...
Hi all:Longtime lurker; first time posterThis will be my first deal! I am assessing a deal for a 2 unit building. A commercial space on the bottom and residential on top. I am confident of improvement costs and my eve...
Hi guys, looking at several MF properties and in a pickle. Business is bringing in 40-60k profit a month and looking to invest but lack credit history for conventional commercial lending.Paid for college out of pocket...
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
So we are looking at buying our first property in Western New York. My question is....since we have formed an LLC should we try to finance it under the LLC or do we have to finance it ourselves then Quit Claim it to ...
Hello all,I purchased a commercial property back in November 2021. The lease is about to expire. Does anyone have a legal commercial lease for a market/deli or know a good place to get one? They do sell beer to go but...
Hey everyone, I have a client who owns a bed & breakfast property in CA. They're running into issues with potential refinancing. Ideally, they would have access to a line of credit, or some type of loan for misc...
Hi all,
What are the costs/benefits of setting up and using an LLC to manage out of state investment properties. I am looking at doing a 1031 exchange on a property in CA for a 4+ apartment building out of state and ...
First post! Hey BP!My brothers and I recently established an LLC for REI. From what I've read, loans to brand new LLC's aren't going to happen. Maybe we'll have to buy property ourselves and then transfer to the LLC? ...
New to RE Investing and have been keeping up on the latest financial situation(s) regarding Fannie and Freddie. I already have an LLC set up and would like to start building credit, so in the future I can avoid rules...