Investment Info:
Single-family residence wholesale investment.
Purchase price: $285,000
Sale price: $320,000
Property hit the MLS around 9:00am in the morning and happened to be just around the corne...
The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...
Hello BPers,One of my properties in Cleveland needs to have a fence replaced. Can anybody recommend an honest person/company who could do this work? My PM says it is 40 ft. Does anybody know about how much per foot it...
Am I able to get FHA financing for my first home if I am purchasing it through my Self Directed IRA?Does anyone have experience doing this?
Good evening! I have been in a partnership on a property and things are not working out with my partner. We have a commercial loan both guaranteed it personally. Do banks ever allow modifications to remove one partne...
Can you get delayed financing on a rental with no personal income (only rental income)?Example:Have no income Buy SF or MU home cashRehab home with cashRent home with enough to cover all expenses including estimated m...
From my experience, the banks will not give low rate mortgages under an LLC. How do I protect myself for properties that I have mortgages under my name? I can see transferring the deed for cash owned properties to an...
What are the benefits of putting my rentals (2 single family, 2 condos, 1 fourplex) under an LLC instead of just at my name? Any tax advantages? Other?Now I have an umbrella insurance policy; if I have an LLC, can I j...
Has anyone hired a property manager for an owner occupied multi family? Or is it wiser for the owner to manager b/c they are onsite?
Hello everybody!
I have a general question about choosing a business name for an investing company (in my case it will be fix&flip business),
I see two different strategies:
1- Personal brand, which is connecte...