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I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...
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How do you guys usually go about making sure your lender doesn't have a problem with you transferring a property into an LLC or other entity? From what I understand this usually is never really a problem but is there ...
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Hello, I have some free and clear properties in Texas, Mississippi, and Nevada. I would like to put "friendly" liens on them as a barrier to fraudulent transfers, which are apparently on the rise. Which banks are al...
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HelloI have been buying properties from the sheriff sale in New Jersey for sometime now. I recently was the successful bidder of a property and when I went to pay the 20% deposit required at the time of winning. I was...
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Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
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Hi all I have a few questions regarding properties under LLC vs personal for buy and hold / BRRRR strategies...
Can a rental property be under our personal names (mortgage title/deed), but the bank account for renta...
Hello, I purchased a home in Michigan and am entertaining sectioning off the lower level as it's own apartment, and renting it out to a tenant below. It has its own kitchen, bathroom, etc. I would be living on the upp...
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Hi everyone! I have a question regarding financing options, my apologies if this has been answered somewhere, but I haven't been able to find an answer for it. On the advice of my attorney, I am considering purchasing...
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Does anyone have experience in assuming someone else's mortgage for a fee? I'm looking at buying a SFH that had a refinance back in 2020, so I am assuming the interest rates on the mortgage are lower than they would b...
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A family member of mine is getting up their in age and wants to transfer her investment property to us. She just doesn't have the will power to maintain it, deal with tenants etc. The mortgage does have existing ba...