Daniel Demint
No 203K on Investment Properties?
Just called a lender to get my pre-approval before looking at a HUD home for sale. Was looking at a 203K to get repair cost built into the loan. She responded that they do not do 203k's unless the property will be O.O...
Lalainya Rawlings
Moving capital/profit from private Investor to LLC
How is capital/profit moved to and from an investor to a business? Person X wants to invest in Flipping LLC. Can they simply wire 100k to the business account?Can the business account wire 110k to person X when the pr...
Forest Konwerski
If you're willing, I need advice on my first home.
Hello, I'm about to buy my first home. I wanted to buy a home a home that decent, doesn't need to much work, and would rent out well when I move. I live in the Richmond, VA area; and am looking at the Richmond area, t...
Billy Quirke
LLC or Personal Account?
Hello Everyone! I just closed on my first duplex, and before the closing I set up an LLC to have the deed quitclaimed, and opened a business account with my bank for the LLC. We were not able to perform the transactio...
Cecilia Cave
Do we need an LLC as a newbie investor ?
Hi there, as a newbie investor (we have acquired 3 SFH properties so far since September of this year) a thought came to our minds about putting up our business in an LLC. Do we really need to do that? Thank you all i...
Nick Hudspeth
Should I form a LLC for House Hacking?
I am in the middle of purchasing a duplex in order to house hack. Should I set up a LLC to collect the rent payments? or should I just collect them in my name?
Will the LLC give me any tax benefits or anything?
I p...
Casey Johns
Lease Agreement- Owner Name
I am creating a lease to start self managing my properties. In my current lease it states: between Michael & Casey Johns (hereinafter, “LESSOR”) and (LESSEE NAME). My husband wants to take our names out of the lea...
George Riad
Flipping for international investors
Hi All,I am wondering if there are any US locals that have dealt with international investors in helping them or teaming up in fixing and flipping deals. Would love to hear your stories/involvement and potentially cha...
Bhushan Walde
Tax after selling renter property
Hey guys,I am in Texas, I bought my first property lived in it for 3 years then rented it for 2 years and now I sold it.After selling this property, I bought 2 more rental properties from the proceeding.Now my tax guy...
Reginald Reynolds
Where can I find wholesaling contracts for the seller and buyer?
Where can I find wholesaling contracts for the seller and buyer?