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Hey guys, I'm at the point now where I need to create a company to better support my investing. I'm at a bit of a cross roads between picking a unique name that I would like to stand behind, or something very cheesy ...
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Hey BP,This may be a dumb question but when getting a DSCR loan and they require a downpayment, can you go out and squire a 2nd note from a private lender giving you funds for that downpayment?
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so i already read the forum on it but it's not clear.
i opened a bank account at chase for my ira llc. i am listed on the account as the manager (as i should) but also chase also listed me as the 100% owner on the ...
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This is just an update and info how we put this project together. (We are fully funded, we are keeping it and we do not need any investors) leasing is going well. (OK, and a little celebrating our first lease)(Note,...
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I’m working on a new lucrative business which involves adding an amenity to luxury apartment buildings or A-class apartment buildings but I’ve only worked with SFR and multi family building data. How do I get in front...
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Hi,I've heard on Biggerpockets that if I have active lease agreements: 75% of rental income would be counted towards income or that the debt service on the property would be wiped off.The lender that I normally use sa...
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Greetings investors
Why many investors from all around the world are investing in Dubai ?
Mainly because of the below reasons:
- Tax Free Haven: No income tax, No capital gains, No property taxes.- Freehold propert...
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If a partner in a partnership wanted out, would the partnership file a final year return and then convert the LLC to an S-corp or would filing a final year return cause the ein to terminate and the partnership would n...
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What is an appropriate compensation/ownership structure of this one? We are preparing to meet with a KKOS attorney to form our Multi-Member LLC comprised of 3 Self Directed IRA Members and a 4th Individual Member.
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I currently hold a few rental properties in my personal name. In 2020 I’m starting my LLC for purchasing additional rentals and would like to transfer my current rentals into the LLC too.
When I transfer/sell my cur...