Rebecca Shoniber
Should I establish an LLC?
At what point do you establish LLC and close in those? Our first deal was in our name being we did a live in flip. We are looking for our next non owner occupant investment property.
Alicia Collins
LLC or personal name for all-cash offer?
Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
Will Chitwood
Mortgage Company Requiring Insurance in Personal Name
We own all our properties in LLCs with mortgages in our personal names as we switched them to the LLC after purchase. We never had problems with mortgage companies accepting the insurance in our LLC names until this y...
Alexander Hamilton
BRRRR question and financing question
Are individuals refinancing in there own name and renting the property with the title still in there own name? I assumed it was all under an LLC but it seems to be a bit harder and more expensive to get a mortgage or ...
Christopher Pray
Insurance for bar and rooming house
Looking for an insurance agent/carrier that would deal with a building with a bar on ground floor and rooms on 2nd floor that are rented to individual month to month tenants. No prior losses.
Eric S.
How Big of an Umbrella Policy???
Let's just say a real estate investor owns a number of properties in their personal name and is unable to move them to an LLC or some other entity due to some 1031 exchange considerations. All of these properties are...
Adam Cohen
how to hold the notes you purchase
Hello BP Community,If I were to invest in mortgage notes should I do it as an individual and I would hold the note, or through a corporate entity (like an LLC) and have that entity purchase and hold the note ? Thank y...
Sandy Uhlmann
Can I use a SDIRA to do a fix and flip?
Can I use my self directed IRA to buy a property, rehab it, and sell it? I know that I should be talking to my IRA company for these questions but being that it is a Saturday, I thought that the next best option is t...
Mike Feehley
Transfering ownership into LLC although a 1031
I own a STR, no note attached, which I bought through a 1031. I would like to move the deed into an LLC, what implications does that have in regards to the 1031? Honestly, if this is not allowed, would anyone ever f...
Kyle Westerman
LLP or No LLP
We bought our property back in January. Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there wer...