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What online savings account is everyone using? I have been using Marcus by Goldman Sachs for a couple of years now and have been happy with it, but have recently started to wonder if other online banks offer better r...
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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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Question for everyone in the forums. What is your experience with solar panels and how the bank handles them? I'm assuming these would be a lien on a property like any other lien? The only reason I ask, is they don't ...
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In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
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i have a acquaintance that was diagnosed with cancer this week, prognosis is terminal, life expectancy 6 months. He purchased a home 3 years ago, so there is little equity in the property, likely around $20,000.00. T...
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I found a house the other day for 49k, a house up the street is selling for 86k and another for 76k. I called on a few houses in that neighborhood and rent is around 700-750. I would need $9800 as my 20% down, have yo...
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I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
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I'm starting a househacking journey and my mom will be financing the home. I am currently living off a small amount of self employment income, savings and 401k due to health issues so I don't go on the financing per...
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Hello everyone,
I am new here so I apologize if this is the wrong section to post this.
But..I am currently working on purchasing a multi family property using seller financing. I have negotiated a price and set term...
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I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...