I currently have a house that I have been renting for the past 3 years. I have has the same tenants for those three years and there lease will be up in May 2019. There is currently 40K in equity in the house. I know I...
Hey everyone. I've been researching REI for about the past year after getting sick of dumping money into rent as a college student. I wish I would have pursued this idea early, but hindsight is always 20-20.Anyway, I ...
I'll keep this short....My partner and I own an LLC 50/50. The plan is to use this to hold up to 5 or so properties jointly. I used my 50% start up funding to purchase our first duplex. The mortgage and title is curre...
Anybody ever use or know if it is possible to use a physician loan(low to now down payment) to buy a rental property in California? Have looked briefly online, but only a few lenders appear to offer these in Californ...
Hello everyone. I am buying my first duplex and plan to have an LLC to separate my personal and business financials. I was talking to my banker and he advised that I should by the property under my personal name then ...
I am currently in the process of starting my real estate journey, in efforts to become financially free. I am starting out by obtaining a base knowledge in real estate (books, webinars, podcasts), getting a feel for t...
Background story:My parent's went though a divorce and my mom owns the house. She doesn't want it any longer and wants to give it to me. She hasn't lived at the house for two years. Unfortunately, my dad is house squa...
I need some input for the community. I have a friend who's daughter is shopping around for her first home. They are hoping to purchase a distressed property and rehab it for the daughter to live in.The strategy is fo...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Belfast.
Purchase price: $268,000
Cash invested: $35,000
Purchased as a house hack/live-in reno project. This is a large ...
So currently, I don’t have any properties but I am wanting to go ahead and start either an LLC or a Corp. What is the difference between the two? Would an LLC be better for me since I’m just starting out? And is there...