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Hello,Could setting up an LLC for my duplex that is upside down protect my personal and marital finances? The commercial loan I have on the property is in my name. Thanks,Christy
Certainly! There are various types of commercial loans available to finance different types of commercial real estate projects. Here's an overview of some common types:
Traditional Commercial Mortgages: These are c...
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Hello everyone, I'm James Demaniow. I'm 20 years old and I am embarking on my journey to financial freedom this year. I'm going to start with house hacking. I have about 18k saved up and was wondering if I should sta...
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Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...
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Hello everyone!I am a senior in college, looking to get a job in civil engineering and then gradually transition to RE full time, although I'm not sure what that will look like. As a student with some student debt, sh...
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Hello Bigger Pockets Community! I'm Sharon Jacas. My husband and I currently invest in a few smaller multiplexes, but planning to go into the commercial multifamily (5+) space in the Atlanta Georgia area. My partner a...
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Hello (again) BP community! I have been searching for my first rental property investment and, due to some financing troubles for my partner and myself, we had to reach out to local investors and inquire about seller ...
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As a real estate agent, I often collaborate with new investors, especially those keen on pursuing a buy-and-hold investment strategy. I've noticed that many new investors can find themselves uncertain when a potential...
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I'm looking to grow my business and start implementing private lending. Up until this point I have flipped with my own funds or with partners.I have a few leads on possible private money guys. I have created a .pdf f...
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Mods, I put this here since I figured this is where the people are the most that my question targets. If it has to be moved, please do, I understand and I'm sorry for posting in the wrong area.
For the private invest...