Liz C.
Business line of credit BLOC
Hi all ,
I have try to get business line of credit BLOC from bank for a while.
For my LLC that’s holding the propriety , but most bank told me no. Because the LLC is not doing the business just holding the rent.
An...
Chris Howard
Flips owned via Land Trust in a separate LLC from rentals?
Hello all, should you keep flips separate from an LLC that holds rentals? If so, why? Other than asset protection.Is the income taxed differently? I typically like to take title via Land trusts and have the benefici...
Matt Quinney
Getting Started Advice
I'm new to BP and in the beginning of my investment journey and just devouring all this content that I can, but I need some help. My brothers and I have been talking for much of this year about starting a flipping bus...
James Dunn
Looking for connections in Modesto or San Jose, CA
Hello. I'm looking for anyone investing in the Modesto, CA and/or San Josel.Anyone out there working either of these markets?
Kai Wong
possible deal in Houston TX - newbie analysis
I think I've found a deal: https://www.trulia.com/property/3202949202-3462-De...Anyone care to walk through analysis with me? I did use the BP rental tool and it seems to be good:
Onye Chukwuma
Favorable landlord markets
I’m currently invested in the Cleveland, OH on a buy and hold investment strategy and am looking for other markets to invest in. Would anyone have any suggestions as to any other favorable buy and hold real estate ma...
David S.
Construction Progress Payments and Need for Holdbacks/Retainage
I am about to enter a construction contract that should take about 4-6 weeks. For the sake of argument, let’s say the contract is for $100,000. The contractor’s proposed contract plans for four progress payments...on ...
Joshua D.
Use my own cash or lines of credit from the bank?
So the initial purchase i use my lines of credit for he purchase of the property. Then I use all my rental income and cash from my business account to rehab it and when I run out I use more of the lines of credit. Am ...
David C.
Asset Protection using Multiple LLCs - thoughts?
There was a thread from 7 years ago regarding this question of owning separate LLCs (+/-) a holding company for asset protection, and wondered today’s opinions regarding this and had some additional questions. I apol...
Andrew Reis
Opening Up Tenant Escrow Account before choosing tenant
Hello - I am told I can open a tenant escrow account before choosing a tenant. How do I open a tenant escrow account without having tenant W9, a SSN and a birthdate? Called one local bank who said I would need my SSN ...