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...
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...
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...
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...
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...
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...