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Hi all,Our offer was just accepted for a condo on the beach in Miramar Beach, FL! This is our first foray into REI aside from our primary home (which while it technically is, I guess, I don't really consider REI). My ...
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I want to buy a triplex or fourplex using FHA financing but then would like to change the ownership into a LLC that I will create. Is there a time frame when something like this can be done?
Second question ties in...
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Hey again BiggerPockets members,As I mentioned before I'm a starting investor from Israel, and I'm willing to invest in the United States,I was told here the first thing I should do is to open a bank account in the st...
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I understand you want to put a piece of rental property into an LLC for personal asset and liability protection, BUT how do you do that without triggering the "Due on Sale or Transfer" Clause if you still have a mortg...
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I’ve heard so many times to always put your rental properties into an LLC however I’m running into road blocks doing this and I’m curious if I’m the only one. 1) I bought my first property in my own name with conventi...
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Hi, I’m just starting out in my real estate investing journey and am looking to buy a single family home to buy and hold as a long-term rental. Do I need to have an LLC set up prior to obtaining a loan or can I have t...
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Good Afternoon BP!As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ju...
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Hello, I have several long-term rentals that are all currently in my name. They all have mortgages in my name as well. I keep hearing it is smart to "move" these to a LLC, but how exactly do I do that? I know how ...
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My husband and I started investing in Real state about 2 years ago. we still learning from all of you, thank you.my question is. we have two children going to college in NJ, we where thinking of buying a house closed ...
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Hey All- I'm currently talking with a lender at a large multi-national bank regarding resi properties (2-5 units) and his covenant seems a bit high. As I will be purchasing property through an LLC, the lender stated t...