I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
Hey everyone,
I just recently purchased my first house and I will close in about a month. The house is a 4bed 2 1/2 bath. Me and 3 other friends will be moving into the house.
Now my questions is, the rent that my ...
Hi-
Happy to be a part of the BP Nation. As a husband and father of two girls, my Wife (new realtor) and I are interested in building a financial nest through real estate investments. We're looking forward to learn...
I own a 2/1/1 that I bought and rented two years ago. When I bought it the 2/2/1 house next door was vacant. Nice shape, newer roof, and now that kids have broken in for me - I have gotten to see that it seems to...
I’m planning to buy my first investment property in New Jersey. I’m not sure how big to start. Should I go for a two unit property? Or save a little longer for a 4-8 unit property? How much should I have on the side a...
I’m currently toying with the idea of going for a small multifamily property instead of a single-family home to make the numbers work in a more competitive market. I’d be curious to see what people have to say in rega...
If I were to open up an LLC for the purpose of buying property, how would I get a loan? Are there lenders that deal exclusively with LLCs?
Hi everyone (sorry for this very long first post). I am not offering a specific deal, just looking for advice on structuring a deal. Please note that I am not revealing any specific information that would make it poss...
Hello all,I am new to real estate but I found three properties on the MLS over the weekend that I believe would be great for rehabbing; however, I have never done a rehab before. I am not sure what to do next. Should...
When purchasing a property with a 10% down payment vacation home loan with intentions to use as a short term rental is not being able to use the property as a rental for 12 months a typical requirement of a 10% down h...