Hello, I'm located in TX and have a problem I have not found a solution for. I have a Series LLC for my rentals but the lender I refinanced with will not allow me to place the properties in my LLC since the loan is u...
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I hope I can explain my dilemma properly. I'm involved with buying the first rental property for our daughter. She wasn't available for the process so I made the offer in my name. The offer is accepted and we have abo...
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My husband and I are wondering if a tax reassessment is triggered if we purchase a property in our LLC and then transfer it into our name. We are the owners of the LLC and we would be holding title together after tran...
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We recently formed an LLC and transferred the titles of our two investment properties to the LLC. Also we set up separate bank account, credit card and insurance to keep finances separate as we were told to do.Just re...
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Hello everyone,I tried searching the forum for this answer but had no luck. I just got my first property under contract today and plan on BRRRRing it. I have my LLC already set up and am getting rates from two lende...
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I’ve been doing a lot of research into financing methods as I’m about to finally start working towards my first deal. Purchase financing aside, I’ve seen a lot of differing information on using credit cards (personal...
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is there any one with experience.i came across a great deal in upstate ny multi unit rentall portfolio owner is ready to sell the LLC (saving transfer tax)is anyone experience how it he's to go as far as the closing. ...
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I currently have one rental property under my belt but plan on having more. Should I become an LLC or Sole Proprietor?
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After emailing a few investors about using credit cards to free up capital I realized that not many people know how to use their credit cards to free up cash without getting hit with huge interest charges. I started r...
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Hello BPSeeking advice on what to do with my LLC rental property loans, which are due to reset in the next few years. Currently all are 5 year ARM no balloon and 30 year amortization. The reset rate for next 5 year...