Kim Hopkins
Using an LLC as a Guarantor on a Commercial Loan
Hello!We are working with a credit union on a loan for a commercial property acquisition. The loan is full recourse. In the past, we've just listed ourselves as individuals (or maybe our trust, I forget) as the guaran...
Jahan Habib
Advice regarding investing in Anderson IN
I am evaluating this town to see the investment potential. I know it's a struggling town, however I'd like to understand the tenant mix/longer term viability. I am not looking appreciation but rather cash flow. Defini...
DyQuan Bowers
Buying Smaller Properties First
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
Tyler Lingle
OOS or Local?
I'm the listing agent on now 3 current failed OOS investments. In each scenario there were patterns I noticed: - The investor bit off a large rehab with almost no experience managing rehabs before in their real estate...
David Yamamoto
Divorce - refi primary options
So, going through the big D and obviously this has turned things upside down for me... I am staying in the primary residence, wife is moving out and keeping our single SFR out of state investment property. So far th...
James Paine
Do you want to be more Charismatic??
The Charisma MythIn sticking with my goal of reading 52 books this year I though I’d give a report on The Charisma Myth that I just finished up which is book 2 for the year. This book is power packed full of tools in ...
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Is this a capital gain?
I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
...
Hendrix P.
MY TEAM...
I am planning buying my first investment property and would like to know what key people (broker, agent, etc) I should have lined up before I purchase. Who should be on the team?
Also, I know I need a CPA, should tha...
Debra Muth
Mortgage max
I have been reading that there is a max of 4 mortgage loans a person can have is this a bank rule and how does one get around this?
Brian Berryman
Properties unable to be transferred to LLC. Looking for options
My partner and I have purchased 4 properties (all single-family homes) in the past 18 months (3 purchased 20% down - 1 at 25% down). The mortgage company we used was a referral from our realtor (who is great). The len...