Nate Hananger
Line of Credit transfer question
Say you have a line of credit for $50K spread over half a dozen credit cards. Most offer 12 months 0% for both purchases and balance transfers.Then you have an investment opportunity that requires either a certified o...
Cara Lonsdale
Unlimited Marital Deduction Question
Can anyone break down the Unlimited Marital Deduction for me?Spouses are both living, and still married. Spouses file taxes jointly. Both spouses are US citizens.If Spouse A gives a CASH gift to Spouse B, is it a ta...
Michael Aguirre
STR Business Takeover
Hello everyone! I am in the process of taking over the STR business of the house that I am buying from the seller. Does anyone have any template or checklist of what I should receive from the previous operator / selle...
David Moore
Business Lines of Credit
I have found having my LLC have a US Bank Edge account to be an invaluable tool for financial flexibility. US Bank started my line at a generous number, and they keep sending me balance transfer checks, at 1.99 fee, ...
Josh Freeman
Using Line of Credit for Down Payment
We are looking to use our line of credit for our down payment (while obtaining financing) and keep our cash in the bank. Do we have to transfer our money from the line of credit into our bank account to "season" as I...
Travis Zuehls
LOAN STACKING Payoff Mortgage in 1/6th the time and save 100k+
I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
Sean McKee
How to use HELOC to fund down payment?
Hi,I am going to be using a HELOC to fund my next property. The HELOC came with two starter checks in the mail I am able to use. How would I actually go about accessing the HELOC funds for the down payment? Would I ne...
April G
Help! Stumped on Colorados Contract to Buy and Sell!
With 16 pages on this, lots of unnecessary stuff. But line 144 what is the difference between "Due on Transfer-Strict" and "Due on Transfer-Creditworthy"? And as an investor which one is better for me?
Also line 57...
Patrick Horrocks
Personal HELOC with LLC?
Hi all, quick question, I'm planning on moving a property into an LLC. I have a good amount of equity in the property so was thinking about taking out a personal HELOC before I deed the property into the LLC. Would th...
Chris Levarek
BELOC or HELOC ? - Property Ownership in LLC, Residential Loan
We recently transferred ownership of two duplexes to an LLC for liability protection. However, the loans on the property are in a personal name or through residential financing. With around 90k in equity at a 70%LTV, ...