Johnny Duncan
Buying under existing S-Corp
Complete newbie here. Can someone, or is it wise for someone to purchase a property under an existing S-Corp that was set up for something else? In other words, instead of setting up an LLC, can an existing S-Corp be ...
Patty Streufert
LLC or existing S-corp?
Hi - we are still reading and learning about investing - leaning towards multi-family properties to hold and rent. Anyway - my question is LLC vs S-corp as a vehicle to shield from personal liability and taxes. We a...
Wayne Littrell
Joining an existing S Corp
I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets. As I am new to the business of real est...
Chris Sukala
Existing tenants.
Here's a question. We are looking at buying a SFR with a tenant in it. I have not done a walk through yet but I would assume I would have to bring things up to code if they are not.
Meaning I saw some pics of the pr...
Account Closed
100 % Exist?
Good Evening BP Members:I have been receiving inquires from potential borrowers from Maryland, New York, Arizona, Illinois and sometimes California about me getting them 100% financing.I have personally have not com...
Verlin McClendon
Existing tenant
hello all, I have a question that I'm hoping someone can help me with. I am looking into potentially wholesaling a property. The sellers biggest concern is for the homes existing tenant. The seller says that the rente...
Glen S.
Existing Apartments
Looking for existing apartments Primary and secondary markets throughout the Southeastern U.S. with solid growth projections1970-2000 construction, Class A, B & C50-400 units per property$1M-$35M acquisition price...
Ajay Malhotra
Using existing equity
Hello BP members,I have a question about using existing equity in a house. Lets say theres a rental house I have, its paid off (no debt on it) and has appreciated nicely. I'm looking to purchase another property in th...
Natascha Bybee
Honoring existing leases
Hello all!
When purchasing a leased property, must you always honor the existing lease? Are there any states that allow you to renegotiate or terminate the lease? I have looked at landlord/tenant law in multiple stat...
Ivan Reyes
HUD Existing Construction
Anyone on the mortgage side run into a situation where you were able to close an FHA loan as existing construction one week after the one-year mark? I have a SFR in a rural area that doesn't have permitting requiremen...