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We put a townhouse under contract with cash and are planning to refinance it after closing. Talked to several banks and credit unions. Most of them would not Refi Properties under LLC names and it takes longer to fina...
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I am getting ready to put together my first rental agreement and wanted to know if I can list my business name on the lease instead of my actual name if I purchased the property in my personal name?
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Hi everyone!I run into this issue every time a buy another property! The banks need updated finacial statements and I have no good way to track this. In the past, I have just filled out the banks financial statement f...
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Hi all! My husband and I have two properties in Denver, CO that became rentals by circumstance, not intentionally. We're looking in to buying our first "on purpose" rental property. We're currently living in Akron, Oh...
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Hi Everyone! My name is Casey Epperley and I live in Salem, Oregon. This is my first post on here, however I am a long time listener of the BiggerPockets podcast. Little background information on me - I am a 29, marri...
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I am looking in the Sarasota area especially Siesta Key, Longboat Key, and Lido beach. I also see that Lakewood Ranch is up and coming. Can anyone give some insight and advice into this area? Thank you in advance.
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As described by the title, what are the pros and cons of telling your house hacking roommate that you're the landlord? Some say to never tell them and let a real estate agent show the house and what not, but I feel th...
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I’m currently looking at purchasing a 3 bedroom / 2 bathroom Single Family as a first time home buyer. I want to live in one bedroom and fill the other two bedrooms with “Tenants” / old college friends that have agree...
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"....If you buy a property and transfer ownership to your LLC, you might have some issues when you go to refinance. Fannie and Freddie will only buy or guarantee loans that are issued to a person, not a business entit...
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Hi, I am new to the BP forum and in the process of researching my first rental. I plan to open an LLC to protect my assets. My question is -should I get the rental property first or establish the LLC first? Further, I...