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Hello Bigger Pockets folks,Thoughts from anyone on if we should transfer the deed (ownership) of our home from our personal names into the name of our company? We are about to apply for a HELOC loan, we own the home ...
Hi,This forum is such a great resource. I have a couple of properties in an LLC and paid for (no mortgage) I am looking to get mortgage on both of them so I can get some cash to reinvest.Everything I read says that ...
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I knew it would be hard getting financing for my business. I just didnt think it would be hard to get anyone to call me back. I have my business setup in a credit union and was looking to get some new ideas. I'm closi...
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I hear its difficult with a ton more paperwork, more questions, lots more digging into personal finances. Is this accurate? And if so, should I aim to pay off a home before trying to buy my fourth? (1 personal, two cu...
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What is the best way to start a relationship with a small local bank for my future investments? Currently with one of the big banks and I'm sure they won't be easy to deal with. Should I just open a checking and s...
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Hey BP, I am excited to share my creative finance story on this deal I just wrapped up. So the mobile home park details are as follows:Purchase price: $110K13 homes, 2 lot rent and 11 park owned.(2 vacant units)City ...
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I'm not sure if this differs by location, but if I buy a home and live in it for at least 2 years, I can sell the property without paying capital gains tax on the profit.I was wanting to do a live-in flip. Buy a home ...
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I have a few structural questions regarding my business. I am undecided as to whether I should register as an LLC or keep it as a sole-proprietor. I know some benefits such as my personal assets are protected in an LL...
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We are purchasing a property that is (1) parcel of land with (2) single family homes on it. We plan on living in one home for 1-2 years as our loan is based on a primary residence, and renting out the other home. For ...
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I recently received in the mail a notice that I am not allowed to transfer my primary home to my LLC. They mentioned restrictions due to Fannie Mae.I would be subject to termination if I do not transfer it back.Has a...