Vaibhav Pradhan
Advice Needed: Using LLC when the title is still under my name
Here is the situation
- I purchased an investment property in my name in November 2021
- I also have an LLC setup with bank account etc starting NOvember 2021
- I was in process of transferring the title to LLC and...
HJ Wang
Joliet IL for rental
This might be very specific question but does anyone had experience with the rental market in Joliet? The rent/ARV seems very attractive based on the rent shown on Zillow and other website. However, they only shows re...
Rick Novotny
Seller Financing in Kansas City Area
Hello fellow investors!I've recently moved to the Denver metro area and purchased a 3 bedroom, 2.5 bathroom townhome for about $300,000. I rent out the extra 2 rooms and garage, which drops my mortgage payment to abou...
John Van Uytven
Park in Illinois Land Trust
I am looking to purchase a small mobile home park.It is in Illinois, and the owner has it in a land trust.The current owner is encouraging me to just take over the trust, instead of transferring the property into my L...
Gilberto Fuentes
College student starting real estate
Hello, I’m a college student about to graduate this year 2020, but I’m not happy because I’m 27 with no properties. I have a 401K about 25K in there from my last job. Can I use that 25K to get started or will the gove...
Helen M Leyzerovich
Structuring Seller Financing
Hey guys - NJ newbie here! Looking at a 5 family for sale by owner, and planning to speak with the owner tomorrow. Thinking to see if I can get the owner to consider seller financing. If the owner was open to such an ...
David R.
401k converted to IRA; oops?
I worked at a company that had a good match for 20 years or so and built up a sizable 401k. When it was sold I converted the 401 k to an IRA. This allowed me to have better investment choices and lower fees, and als...
Corbin Heald
REFI on a Duplex owned by a multi-member LLC
A couple of years ago I bought a foreclosed duplex with an LLC formed with my family. I refurbished it and it was occupied for most of last year. Compared with the other houses in the neighborhood it should be worth a...
Bruce Zeng
How should I refinance my resident home?
I just discovered BiggerPockets several months ago, but already learned a lot from you guys. I hope you can give your thoughts in my situation.The current mortgage in my resident home is 2.2% 5ARM (loan amount $160k),...
Victoria Monahan
Financing for 2-family investment property
Hi all, I recently put in an offer on a 2-family investment house and it was accepted! I currently live in one half of a 2-family house and rent the other half. For my current home, we used conventional financing wi...