Hi,
I was recently at a business networking event where I got to briefly talk to 2 Mortgage Brokers. Previously I have only sat down with conventional lenders (banks). Both mentioned when I ask about financing for ren...

Hi guys. I am currently doing my homework on how to obtain a loan under an LLC for a property that I would like to buy and rent out. From what I have read on the BP forums on this topic it seems as if your best bet of...

Hi all

I'm closing on my first property today a 3-family unit. I was wondering if I should set up another personal bank account for all activities. I'm going to be depositing my checks and if there are repairs I'm go...

Hello, I am currently looking to start the build up to my first investment property. I am currently weighting the options of new bank. As my main/current bank is a military bank/credit union and I don't like that I ca...

Hey BP,So I just started with my first property in January of this year.  I have it in my name currently (No LLC or anything else just yet).  I'm having this property managed by a professional property manager.  I'm g...

Hello BP! I’m house hacking my first property In Rochester NY and basically trying to see your opinions on the following questions/topics. I know doing an LLC whole house hacking is not a good idea based on other post...

im currently buying a property and after i purchase it I will be transferring the title to my llc but the banker is telling me that I can not transfer the loan into a llc in addition to the title. They are requiring t...

I recently closed on my first house where I will rent out the spare rooms. As this is my first house, I’m using a first time home buyer loan which requires the house to be my primary residence for at least a year. I w...

If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...

Hi Guys, Could you please give me some ideas how i can get some financing. I have a free and clear property located in NJ under IL LLC. I would like to get some financing available to do two short sales cash deals. My...