When I make a first purchase of investment real estate, I plan to do so under an LLC. Before I begin, I will obtain an agent's license. Does anyone have advice about whether I should put all expenses for licensing (...
If it is necessary to separate a lease from an option for both liability and foreclosure rules then why not use the following design
Home @ $100,000
Lease home for $500 per month
Sell Option for $5,000
Year one...
I am interested in one duplex. The biggest concern is the water line is not split. The owner has to pay for water and sewer. How much to split a water line into two separated ones for each apt? Thanks alot.
I am looking for Title/ Escrow companies in the western suburbs that are investor friendly?Are they more commonly separate or together in Chicagoland area?I need a company that has done back-to-back/double/simultaneou...
When a lender gives you a rate sheet with the cost of the rate, as well as lender fees, are these expenses part of the property's closing costs, or are they a separate cost? Thanks.
Hello Everyone,Just looking for some general advice…Looking to partner with a local investor I’ve met on a fix and flip project. Aside from consulting with a real estate attorney to look over agreement and CPA/tax att...
Hi everyone,Looking to put in an offer on two different properties, in a "package deal". Should I have two separate offers for each property or is it possible to add both properties to one offer contract? This makes m...
I've used all my free calculators on random deals just learning the calculator. This deal is something I would actually pursue pending advice.
Units are metered separately.
Thanks for the help.
I have an off market deal to a beat up house that has 10 bedrooms 3 bath and 3 separate areas. Hml won't work? Pml can work. any info to help me out to get funding for a rental . If this works out it's be my first d...
I have my LLC separate in every way except insurance. I have a rental property (LLC) attached to my homeowners policy and I'm wondering if this will be a problem if I should get sued. To save money on premiums, I p...