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Hey guys,Looking at buying my first house, so of course I'm looking into an FHA loan. Quick question on how to go about acquiring it.Seems after all the bickering back and forth between whether to create an entity or ...
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I'm trying to find the best insurance company for rental property insurance coverage in Birmingham, Alabama. Obviously price is a big factor . Please reply and let me know who you are using , your opinion of them, and...
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I have over 10 properties with a partner. We are going to create an LLC. I first envisioned having an LLC that would have all the properties in our portfolio. When I saw my tax advisor/attorney, he said another opt...
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I have come across and REO where the previous owner still resides in the property. I guess the bank never evicted them. Either way the bank is trying to sell it with the people in there. I was told I would not be able...
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Hello everyone, I am in the market for a new CPA to help me with setting up business structure and prepare for my tax return next year. I have talk to a couple of different companies but all of them left me feeling ov...
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Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant. Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...
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I went to my credit union today and inquired about their requirements for financing on small multi-family investment properties. Unfortunately, this particular CU doesn't work with multi-family properties. The loan of...
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Good Evening BP!I talked to my lawyer today to finally set up a LLC to add another layer of protection against liability. My concern now is, how difficult is it to obtain a loan from the bank under a LLC versus under ...
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Hi, I am looking to purchase more property (currently have 3 units), but I am at a point where I need to decide whether to put the properties in my own name or my LLC for tax benefits / perspective. Here is my current...
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Hey BP peeps,
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...