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I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
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Hello all,
I'm interested in taking the real estate developer training with Jerome Maldonado here is a link to his website https://jeromemaldonado.com/ I want to know if anyone has taken the course and what was you...
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Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
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Hey everyone, fairly new here. I have read more or less every real estate book I can get my hands on here in the last 3 months or so. A friend of mine and I are beginning to seriously consider buying real estate in...
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This is a venting post, so please bear with me.
I just spent 60 days in underwriting with Mutual of Omaha, Chesterfield MO only to be told today that my credit request was denied for "unable to verify income" and "ca...
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Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
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Guru Programs are notoriously difficult to assess in terms of quality or outcome for their students. Some students rave about their guru, some come and complain about how they got ripped off.
There are a few patterns...
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Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...
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I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...
I am thinking of creating a property management company (LLC A) in Pennsylvania to manage couple of properties I already own under my personal name and a LLC (LLC B). I've read that in Pennsylvania, one does not need ...