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Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...
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I know Turnkey doesn’t get as much love as other investment property routes on these forums, but was curious what others thought considering the current market and from the POV of a total newbie looking for a buy/hold...
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I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...
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Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...
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In starting out I am looking to buy my first of many rental properties and am looking to set up a couple business entities to keep myself safe. There seems to be a lot of costs involved with setting up multiple entiti...
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Hi all,My name is David Chung and I'm a new member here on BiggerPockets! I'm a licensed Realtor in Orange County, CA, and have been since 2003, however I've never really used my license for real estate sales - it wa...
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Hello, I'm Heaven and I'm new to bigger pockets.
So, my current situation is I own a house and I don't owe anything on it. I was thinking about taking out a HELOC on my house investing it into a home I see potential ...
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Hi Guys,
Having several properties divided into several LLCs.. these LLCs are owned by a Parent LLC, which is owned by a partnership.
LLLP -> Holding LLC-> Rental LLC1/ LLC2 / LLC3
All income/expenses are f...
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Does anyone know which podcast talked about using series LLC. The entire show was about protecting your assets I think.
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A friend of mine went to one of Robert Kiyosaki's 3-day workshops, & one of the things she shared w/ me from the seminar was this:
"The best information we got was the reason to incorporate, preferably in Nevada....