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Hi everyone,I am new to the community and looking forward to learning more. I am primarily interested in syndications (I am accredited) and would love to learn more as well as meet like minded folks to discuss how the...
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Hi guys, I have a question for you...Ive been trying to transfer my 2 houses into 2 LLCs but really worried about due on sale clause. (If the bank finds out I transferred a house into an LLC the bank can make me pay a...
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Here's a question for anyone who works in lending (and a cautionary tale for those just getting into RE.
I own 4 properties, all 4 of them are on my credit report. All 4 are rented out and cash flow positive.
I ha...
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Hello Everyone,
Just looking for some direction. Looking to get an oversea rental property (mostly in mexico). Does anyone know:
- If there are Banks that do "Overseas" Mortage rates?
- If the only way to get...
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Hello Everyone,
Just looking for some direction. Looking to get an oversea rental property (mostly in mexico). Does anyone know:
- If there are Banks that do "Overseas" Mortgage rates?
- If the only way to ge...
I've been told that having too much equity in rental properties is not good. But I have resources that are not working for me. We all know what banks are paying in interest these days. The stock market is too risky. S...
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Hi BP, trying to change the title of my rental property out of my name and into my LLC. The bank said that it was fine however they will still report to my personal SS# and the insurance must stay in my name not the ...
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I was recently advised by an attorney to open up a traditional LLC to not complicate overhead, accounting, bookkeeping when starting out. While a LLC could be sufficient, I did not want to have to transfer properties ...
Property was paid for cash, repairs were made reappraisal is required, Is there a special way to refinance or to pull out equity to re-invest again? I am stuck and am running out of hard cash to repeat the process aga...
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I have a question about cash-out refinancing that I am hoping someone can answer for me. It takes a bit of explanation so please be patient with me.
When applying for a mortgage to purchase the property, the lenders ...