My mom and I are planning on starting a real estate investing business. Basically, she is putting in majority of the startup capital and I will do majority of the work. I'm going to simplify our plan here. If mom puts...
So, I have a property that is held jointly by my husband and me (title is in both our names). We'll be selling this as part of a 1031 exchange, and I would like to take title to the replacement properties in a LLC (wi...
Hey all! I’m an aspiring investor based out of the Philly market, my main strategy I’m focusing on is house hacking a duplex or triplex in an affordable-ish neighborhood and one of the biggest problems I run into on l...
Hello, I own a duplex in Michigan and I am considering a land contract. I have a 100k mortgage on it, was selling for 140k with $17500 down, 6.25% over 5 years. Is this a good idea? the potential buyer keeps referr...
Hey everyone! My wife and I currently own two properties. One is a rental, which we manage, and the other is our primary residence. The rental is easy to manage right now as my sister-in-law and her family are occupyi...
We recently received a quote for a commercial property buy. I am looking to gather a few more quotes from local lenders. There are two tricky areas with this building and the buy:1) It is owned by the company operatin...
Long story short...My elderly mother-in-law lives in Dallas (Oak Cliff... Near Bishop Art District). She's been renting a small house for a couple of years. On the front lawn - same property - there is a small commerc...
My husband and I would like to start doing Short Term and/or Mid Term Rentals. Could it be possible to open an LLC, and put some of the down payment with a business credit card? We have savings, but my husband is very...
How does the conversation go between Lender and customer when asking to have the investment property placed under the LLC financing?
Hello!I'm Carol, need your professional expertise to answer a question using the BRRR strategy in a 25 unit property to purchase. Property to be purchased using a non-recourse loan 40% down-60% financed with 15% in re...