Frank C.
newbie LLC and asset protection questions
I plan to buy my first rental property in a few months. I have money saved up. I have met with several bankers. I am learning to analyze deals. I am about to contact a real estate lawyer to set up an LLC and obtain...
Andrew Namkoong
Real LLC Tax example
Hi everyone,I am trying to understand this whole tax situation with a LLC and how we actually get taxed.Say I have a property, under my personal name, that generates $1,000 per month on rents and $800 per month on all...
Engelo Rumora
My Overnight Sucess
G'Day everyone,I hope you had a great weekend and are preparing to smash the coming week.I recently saw Grant Cardone make a post about his "Overnight Success". It looked really cool and although your favorite Aussie ...
Tariq K Frantz
My Money or Hard Money for BRRRRs?
Hey BP Family, I am curious of your thoughts on using your own cash vs. hard money loans for rehab work? Pros & Cons? Thanks, T.K. PS: I am buying SFRs w/ my own cash.
Leah C.
Where to obtain insurance?
When buying an out of state rental property (our first one), would you recommend connecting with a local insurance agent or adding the rental property to your current insurance? We have State Farm covering our primary...
Benjamin Parker
Any real estate investors on here?
I have a few questions. First, I'm a truck driver and scheduling in-person meetups is just a pain. Is it possible to find a multifamily property on Trulia and buy it over the phone/ internet without getting screwed?
...
Mary Jay
Squatter- will you please help?
Hi guys, Ive never had this happen to me before so I am kind of lost...
So I just closed on a 4plex in PA and I guess I have a squatter . Before closing the seller said that the apartment was empty but my handyman w...
Neal A.
Financing strategy advisement?
We have a number of properties in the NE Philadelphia that are currently under an LLC and are now paid off. We buy/rent/hold. We'd like to tap into this equity but discovered that borrowing money when an LLC is involv...
Aaron Moayed
Can't Place Conventional Loan Title in LLC?
My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or ...
Hip Rodriguez
100% Financing on Fix and Flip
Are there any lenders out there that would allow the down payment on a flip to come from a personal loan or credit card?