So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Hi AllConventional loans for residential property cover single family, duplex, triplex or fourplex. If I want to maximise each available loan without going into jumbo loan territory ($424k limit) it would be ideal to ...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
HELP - What should I expect when negotiating? Background: I inherited my childhood home only to find out that my mother refinanced it 15 yrs ago for $70K. She made payments (about $25k) up until about 7/8 years ag...
The Federation of Exchange Accommodators (FEA) yesterday issued the following comment in response to President Biden’s American Families Plan, which proposes capping Section 1031 like-kind exchanges at $500,000:
Pres...
Hey guys! Super happy to report: the loan on my first duplex just funded and I'm expecting to pick up the keys tomorrow evening. Paid $700,000 for a duplex: 3 bed/1 bath upstairs and 1 bed/1 bath downstairs in the Nor...
I have been doing a ton of research on the HR1728 bill and the changes to owner financing. I am confused as to what the changes are and how to work deals to follow the new rules. I am not even sure this bill passed ...
Are there any CPA's or experienced investors on here that can help me out with how to setup my bank accounts or offer advice on how you setup your systems for your real estate investments?I'm looking to close on my fi...
My wife and I are planning to rent out an older airstream in the Hill Country of Texas (between San Antonio and Austin) with views of mountains or on a river (prime location). Year round rental targeted couple's getaw...
Hi friends from the forum. I recently purchased my first rental house in Woodstock, GA. Small 3 bed 2 bath. Currently under renovation. My questions is when I purchased the house I used my own name. I heard using my o...