Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
What to private mortgage lenders generally require as far as LTV? Like if I am looking at a house that has a ARV of 100K what could I expect to get out of a HML and does that include rehab costs?
Is there a good stra...
Hi All,I ask mainly out of curiosity and because I *may* be getting married soon (yay). What happens to investment rental properties and investment brokerages in my name only both before and during a marriage in the c...
Hi all, I am just starting out. I bought a rental in NC and someone told me that the rent money has to go into a separate account that just is for rental income.... is this true?
Hello BP,I am new to the real estate investing and would like to create some fortune by rental out my property as side income. Currently I am living in a condo which I've already paid mortgage for around 1 ½ year. I a...
Hi there, hope all of you doing BRRRR find this useful! This property is located on Dumfries Drive in Fayetteville NC. The home is a 3/2. I included a few before and afters. Unfortunately I financed at 5.25% right bef...
Hi All,I'm looking for my first investment property in Northern KY / Cincinnati. I've been pre-approved, but that was through my personal credit. (DM me if you have any off market deals in the ~<$150k range)If I wa...
Teaching your kids about money is one of the most CRUCIAL parts of parenting. So why do so many Americans completely neglect financial literacy for kids? Is it too awkward of a subject? Do parents feel like they don’t...