I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...

Where are all of the deals everyone said were coming in multifamily?Over the past six months, numerous people talked and fantasized about all of the discounted deals that they planned to scoop up in multifamily. It wa...

I am interested to open up an LLC as a real estate agent in NY for tax purposes (thinking to elect the LLC as an S-corp for tax purposes.) Is anybody else doing this and is it worth it? Do you need to put your LLC nam...

Had a few thoughts about using equity to reinvest.

1) Is it a good idea to reinvest equity from one property to purchase another? Generally I see this as getting your money (equity) to work harder.

2) Is there a ...

REO property listed at 112k. Place needs some work, nothing too major.

Working directly with seller's agent.

House has been on the mark...

Has anyone ever refinanced and had the bank pay off the wrong mortgage?

I had two mortgages with Countryside which became Nationstar. One is a rental townhouse and the other is my personal residence. I wanted...

Hi everyone,I just recently had an offer accepted on a property 2912 E Linwood Blvd, Kansas City. It is a sixplex. Three out of the six units are rented because the building has just been completely renovated. The ren...

Hello everyone!Okay, I have a question I’m open to hear opinions. So this is my 2nd official year owning my investment business. The first year I did mostly flips. I have my tax returns from that year where I hardly w...

We are getting our first commercial loan on a property to initially rent out.  It is zoned single family but there are 2 dwellings.  We intend on renting both units out for minimum of 1 year before we move into one of...

So I was wondering how is someone like myself who's sole income is based on 1099 is able to qualify for a loan? Most of my income from the past 5 years come from my Network Marketing/Home Based business which is a dou...