Zach Ledford
Tax advantages of personal ownership vs LLC starting out
I am just starting out in my real estate investing journey and have been reading what I can find about buying properties personally vs through an LLC. Many say that early on it is (for the most part) preferred to buy ...
Francesca C.
Insurer never gave me a policy after closing
I’m beyond frustrated. I bought a house in 2022 and my broker helped find an insurer. Closing went well and I had no reason to believe I wasn’t insured until… my mortgage company a year later said they couldn’t find m...
Rob Fordham
LLC
Should I have an LLC before a buy a rental property? Does anyone not have an LLC and have rentals? How hard is it to set one up? I am in the Columbus, Ohio area
Janelle K. Eagle
Alternative to Anderson Advisors to set up WY Holding Co/ CA LLCs
Hi There -I just got what feels like an exorbitantly high quote ($13K) to set up a Wyoming Holding company and two LLC's (California) from Anderson Advisors. That is separate of the $800 each to operate the LLC's and ...
Marjeanne Fields
Seller financing on multifamily
Does anyone have experience acquiring seller financing deals? I'm nervous because we are highly leveraging this (95%). Which means no cash flow in year one. Any advice here would be helpful.
Also- does seller financ...
Account Closed
homepath houses for the 10% loan how does it work?
My question is what qualifies a house for the homepath financing? Some of the houses that need more rehab don't qualify because they involve too much work I understand that.
Some other questions are how does the reha...
Jacob Sanders
Should I use my 401(k) for a down payment?
I'm still new here, so I apologize if there is a better forum for this post.I am wondering if it would be worth it to use money from my 401(k) as a down payment on an investment property (a flip preferably). What are ...
Scott Kim
Help!-Want to learn about Self-Directed IRAs
Hi BP-I am really interested in learning more about Self-Directed IRAs. From what I gather, this is a tax savings account (like a 401k), but the advantage of having this IRA is you can purchase a property with it. My ...
Christopher Noto
How Can I Easily Find the Vacancy Rate of a Certain Area?
Hello everyone,I'm very new to the world of real estate investment, I'm really in my "embryonic stage" I guess you could say since I don't own a property yet.With that said though, I'm trying to keep my eyes peeled fo...
Bob H.
Freedom Mentor - Any Experiences?
Hello to all, I am new to BP and looking to break into the REI field with my wife. We are wondering if anyone has used the Freedom Mentor program and, in particular, what experiences/opinions you have had? We are havi...