YiBing T.
Buyer's lender is requesting sellers LLC operating agreement
Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
David Powell
SWITCH PROPERTY TO LLC OR KEEP IT IN MY NAME?
Hello family I bought my first property under my name, should I switch it over to an LLC or keep it in my name along with future purchases? I've heard that doing this could cause problems with your mortgage and insura...
Saravanan Varadan
Buying rental property under LLC
One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella p...
Larry K.
who owns the turnkey property?
Does the TK company actually own it first (name on deed) then sell it to their client/the new owner). Or are they acting as a realtor between a seller and their client/the new owner. Or a double close as wholesaler? O...
Leon Lee
Why cash on cash return for hotels are so high?
Hi, Fellow investorsI am relatively new to commercial REs and currently looking at motel/hotels. One thing I noticed is that compared to multi families or residential SFHs, the cash on cash return for motels/hotels ar...
Dennis Perry
Purchasing my first apartment building (8 units) for under 350k
Hey Guys,First Post. I recently got my first investment property (SFH) and I will be wrapping up soon. In the process of finishing, I came across a deal for an 8 unit apartment building for under 350k. At first glance...
Jerry Cima
What sort of arrangement do you have with your lenders?
Just wanted to see what sort of agreements were typical between an investor & their private lender? I know each situation is different, but i want to be able to present different options to investors. I'm looking ...
Derek G.
Real Estate Profit Distribution
I'm in the process of finalizing talks with an investor to commence a real estate development project and would greatly appreciate assistance in clarifying a few things given certain scenarios:
Investor injects 100% ...
Justin Michael Johnson
Apartment Complex Financing Options
Apartment investing seems highly profitable. How simple is it to get one financed for a unit over 1M. I understand evaluating the property and making sure it cash flows, but the financing side of the house I still hav...
Christen G.
So many LLCs - some advice needed
Morning everyone. I am looking for some strategies, ideas and advice on how to structure our partnership with regard to LLCs. My situation is thus: I own 3 small MFH with a partner. Our Operating Agreement is still be...