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Here I can for my apartment buildings get a landlord power agreement where if a tenant is leaving it is transferred into my corporations name.
At first glance this sounded appealing.Then I found out reasons to not do...
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I recently heard a webinar from Fund and Grow, (a company that makes it's money by helping its clients establish themselves as 'lendable entities' such as an LLC or S Corp. and then goes out to find their clients mone...
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HOW TO TAKE MONEY OUT OF S CORPORATION AND INVEST IT IN THE REAL ESTATE BY OPENING A NEW LLC.
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So, I live in Alabama, own and run a medium size rehab/remodel company. Found a house that is good pickings for a flip. Purchase price is 47k with around 25k of rehab. Using a hard money lender with 20% down. 12% inte...
Hello,Following the formulation of my LLC I've created a chequing account under its EIN. Next order of business (heh, I can say that phrase literally now and still be correct) is to build credit for when I need it.I w...
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I recently reached out to a few different hard money lenders to see what kind of loans I could get, only to find out that almost all of them only offer lending programs to LLC's or corporations. Has anyone else ran i...
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Hello fellow BP members,Have any of you guys done business with a virtual hard money lender , called Lending Home corporation..basically they are the latest hard money lender riding the crowdfunding platform. They app...
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What does everyone think about the housing market right now? Would it make more sense to wait it out before buying anything to see how the housing prices changes?
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Hello all, I am new here.I have a C-Corporation that I formed with a ROBS. We are opening a large indoor kids playground. I used funds in it to buy a large piece of commercial property and subdivided it in half. I o...
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Im looking to make my first commercial purchase a fast food restaurant with a new 20 year lease term at $1,575,000 and a 5.75% cap rate so around $90,000 of annual rent. I have a decent income tax wise $180,000 or so,...