Im going to buy a primary residence, but I want to AirBnB it during the high season in Phoenix. What are your thoughts of buying the home with a conventional loan under my name, then selling it via sub2 to my holding ...
If I am buying a 4 unit property and each unit is currently rented out what do I need to ask for to prove the income is what is being advertised? What else should I be asking for? Also, do the current tenants contract...
I purchased a fourplex using a HELOC on my primary residence so technically we bought the fourplex "cash" with no mortgage. I feel I need to protect myself and get the property to be owned by an LLC...But I need STE...
Looking for advice on how to price / sell a portfolio of (4) individual properties in Greater Portland, Maine with $56,500 net annual operating income. Titles held in separate LLCs. Excellent rental histories, great l...
I'm not sure if this is the right forum but I'll post anyways.
I purchased a Fourplex in 2014 with an FHA loan under my name. Now I'm thinking of wanting to transfer or change title to an LLC for asset protection.
W...
HI !Considering making an offer on a foreclosure in New Kensington area of Pittsburgh. This is not an auction, it’s on the MLS, owned by Freddy Mac. The house is in pretty decent shape, I have an agent/appraiser/inves...
Okay, when you do a subject-to transaction, do you have the seller secured in the transaction or do you leave them hanging out there?
How do you secure the seller who takes back no equity?
You give them...
The more I research the concept of forming an LLC, the more confused I get. For the gist of my understanding, proper insurance should cover you for liabilities. But on the other hand, an LLC formed on a specific prope...
Hi Everyone!
I just read a great thread on this topic, but am still struggling.
I'm looking to purchase an out of state rental property in the 30-45k price range (pending finding a motivated seller) as ...
Just getting started with REI. My go to resource for advice on this matter is a successful CA real estate investor, who happens to be a family member, and he believes that for California, the best structure is an S Co...