Douglas Rice
Partnerships in Midwest
Question for the group. Here is the scenario.
Three persons want to invest together and start a buy and hold portfolio. How should they structure the LLC?
Person 1 - real estate agent in market, will source the de...
Christian Roberts
ISO mortgage lender for an LLC
Hey BP family!
I just got my first rental property right outside of Port Richmond. I close on December 15th. Very excited to begin this journey! However, I really want the mortgage to be under my LLC instead of my ...
Ron Alexander
llc for my flips in Florida
Hello everyone,
I am sure this have been said before but I really wanted to get details on a few personal request about it,
I do have an investment house I bought 3 months ago (A), I am going to flip it very soon ...
Jerome Sarath
Two Partner LLC for Rental Property. How to get a mortgage
Me and my wife started an LLC to hold our rental properties. So two partners. I know it is not possible to get a mortgage for an LLC that is only few weeks old. So we are thinking of personally guaranteeing the mortga...
Daniel Francoeur
Do we need two insurance policies? 2 buildings on 1 lot
My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.There is only one deed for the lot. We are getting a lot of different info from ...
Jonathan McGarrity
Guarantors on Loan to LLC
I am securing lending for an LTR. It is the first property our LLC is purchasing. There are 3 members and ownership is split equally. The plan was for me to be the sole guarantor. The lender wants the guarantor(s) to ...
Gp G.
Looking to get 60k to clear off high interest credit card debt
Looking to get 60k to clear off high interest credit card debt. My credit score around 640. Debt to income about 60%. I tried HELOC on rental properties none of the banks I spoke offering this product after covid. I s...
Bill D.
LLC, S Corp or C Corp, for a large multifamily with two investors in different states?
What would be the best way to minimize taxes and keep things simple for two investors, one in Ohio and one in Chicago. The property is in Chicago. 50 units, profits should exceed depreciation in a year or two. One ...
Jennifer Lipovsky
i need my equity
I own a beachfront condo on oahu in hauula. I either want to sell it or get my equity out without dealing with my personal credit and a mountain of paperwork. currently a nightly rental as we are a historic hotel.open...
Account Closed
Better Name for Wholesaler?
I don't like the term wholesaling (even though its what I do). What would be a better name for a "wholesaler"? I like Real Estate Marketer. What do yall think?