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Hi everyone, I currently own 2 rentals under my corporation. My mother let me use some of her line of credit to purchase both properties. One house I borrowed 80k and another I borrowed 30k. The interest on the credit...
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Hi, everyone!I am curious about your views on marketing your investment business and which direction you chose to take it from a public view/branding standpoint. I see many people choose to use a business entity when ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $66,500
Cash invested: $20,000
Sale price: $143,000
This was our personal residence that we bought with the int...
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This may sound like an overly simple question, but if you are wholesaling or flipping houses, should the money of a transaction flow through an LLC or through your personal finances? Should you contract through your L...
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I have 4 SFH's that are currently rented. my question is should I put my personal home under my business LLC and pay my loan thur that
so I could get the tax benefits and write off for any repairs.
or would that be...
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I’m planning to flip a house, I was talking to my ex-wife about it. When I got to part about a hard money loan and the interest rates she mentioned cashing out her Roth 401k and loaning me the money. She just recently...
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I been looking into personal lines of credit and business lines of credit.. I have read that people use this method for 20% down payments on properties and other things such as funding for their flips and other projec...
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Question for all my loan officers or other experienced investors. I own 3 rental properties, acquiring my 4th in 60 days. Just for context, I used a lender I will never use again (no name lender) and I have used Lower...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $478,000
Personal Residence
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Hey BP, I am planning on trying my hand with some flips in 2023! I have a lead funnel to find deals, and a contractor ready to go my hang up is reliable financing. looking for investor first hand feedback on a reliabl...