Nick H.
Can you use income from ADU/in law apt to help qualify for FHA?
Hey BP,I am trying to make this deal work but right now my numbers are tight. The property I am looking at is a new construction side by side duplex, both units identical. For some reason it is not considered a legal ...
Anthony Murphy
business type?
I now own 3 multi family homes under my own name. I am looking at a commercial building also, all for buy and hold. I need to start a company because I don't want these in my name and need some protection. I need a...
Chris Carrigan
LLC or Umbrella
Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
Quandra Adams
Best Method to Protect RE from Law Suits?
Are Irrevocable trusts the best way to protect RE against lawsuits? If not, what are better methods? What are the turn around times and how much of the process can I do myself to save $$.
Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
Leisy Bartumeut
Financing options to finish a half renovated home in brooklyn NY
I own a home in williamsburg NY that needs about $700K to finish a renovation. Long story short had contractors did a bad job (we're in a lawsuit) and now considering selling the home (halfway through renovations - w...
Account Closed
Partnerships and IRA's
I saw this question in another post, but no one took the time to answer it, so I thought I'd ask it for myself as I find myself in the same boat. Without any further adieu, here's the question:"I have question regardi...
Nathan Gesner
CFPB Issues Rule Affecting Evictions
Something worth looking at.
CFPB Issues Rule Affecting Evictions
April 21, 2021 by NARPM Advocacy
The Consumer Financial Protection Bureau (CFPB) has released an interim final rule that would, in their words, provi...
Adam H.
Another Newbie Saying Hi!
I have been lingering a few days, and I figured I should make a post to at least introduce myself. So, hello from the Twin Cities!Right now, I'm coming to the end of a debt payoff journey. My dad did a lot for me grow...
Swat Khan
LLC Amendment Transfer: Buying Mobile Home Park:
Question: 1. Is it a good idea to buy a mobile home park by just transferring ownership interest of the existing LLC established in 2008? I will buy the LLC and transfer the entity using the Texas amendment (Form 424)...