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 ...
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...
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...
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...
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 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?
We have about 1 million in equity growing our portfolio the Dave Ramsey way I have to say it slow and stressful..lol. We would like to cash out refinance up to 500k but I honestly do not know what kind of terms (i.e....