I am trying to purchase a rental property under an LLC, but would like to get a lender that would loan under LLC instead of individual, any recommendation of Lenders that provide loans as most banks and private lender...
I just read the quick article from @BenLeybovich titled Focus Investing on his website http://justaskbenwhy.com/ this afternoon and also listened to the BP Podcast with his interview (think it was Episode #6). Fo...
Is this possible, can a person form a corporation and buy a multi unit property under the entity. With a down payment of 20%, also the buyer can guarantee the loan just won't show on the credit report. I am trying to ...
Hi All,We own 23 units which are starting to turn a profit. There are two of us that own the properties in a LLC (also the %ownership is not 50:50). How does everyone go about paying taxes? Do you take the total out o...
Hi BP Family,What is the best way to refinance 12 units made of 3 duplexes and 2 triplexes that are in 1 city but not near each other? All are currently owned in a single LLC. Would such a portfolio be valued using in...
Hey all, I was told that if a person were to buy a property with their personal credit and within 6 months of owning that property they "sell" the property to their own LLC; at that point that individual can then writ...
Working on getting funding for a 4 unit, that I plan to house hack. For those who have closed FHA loans on 4 plexes how many months reserves did your lender require? I thought it would be 3, but I'm getting lenders (b...
I have this Mobile Home park under contract, but it is my first deal and need a partner.Location Sandoval IL.
Seller to carry $130,000
Purchase Price $270,000
Gross Rent $61,680
Capital Investment needed - $80,00...
I used to have couple of mortgage notes invested through my ROTH IRA. As time went by, i now have lot of mortgage notes. I tried tracking through excel and not very happy with that approach. I am sure there are other ...
I have an individual that I work with on a regular basis and he would like to start doing private/hard money loans in Michigan. Does anyone know the steps and requirements for this?