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I am from NY State and I've been told not to form an LLC. in this state. I was also told to check Utah as a great state to form an LLC. I know I would need an Agent who resides in Utah. There would be no ownership in ...
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I know this has been discussed time and time again in terms of using your own primary residence HELOC to finance the down payment on an investment property... but what if the HELOC belongs to someone else? Family memb...
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So I've been looking into "subject to" deals because I actually have a friend who is in a position where he has to move across the country and can't seem to sell his house. I have two conventional rentals but I have n...
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Ok, my partner and I have almost finished a large flip project south of richmond Va. We have a wyoming LLC that will file taxes as a C corp that controls a Virginia LLC that is an IRS disregarded entity. Only the ...
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Hey everyone - my first post! This seems like an awesome community, and I'm loving the podcast. Looking forward to growing my network.A little bit about me - I'm a 23 year old recent college grad from Hartford, CT... ...
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Hey everyone! My friend James Tassone and I are in the process of purchasing a rental property in Pittsburgh. Since we plan to continue to buy several properties in Pittsburgh we are looking into setting up an entity...
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I am new to REI and I have been going back & forth about how to start with little or no money..I'm leaning towards whole selling, my husband thinks I should save and build my credit to go to the bank for a loan to...
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Hi everyone,I have 2 conventional loans in my name and more than 10 portfolio loans in my LLC. A couple quick questions:1. I believe a person can have up to 10 conventional loans. Do I still qualify for a conventional...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $330,000
Cash invested: $20,000
Purchased a 1700sf 3BR 2BA cape with attached 2 car garage for 285k. Bought ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $330,000
Cash invested: $20,000
Purchased a 1700sf 3BR 2BA cape with attached 2 car garage for 285k. Bought ...