All Forum Posts by: Bryce V.

@Troy Brown I just need it done quickly and I know her personally. Close family friend and we’ve done plenty of good business up to now so I’m not worried about it. I appreciate the idea tho.

I’m looking to buy my first multi family (two houses on one property) in Indiana via quit claim deed from a friend. The property is already cash flowing a year I will owe nothing on it once the purchase is complete. I plan on trying to get a home equity loan to grab my next multi family investment property (which may need rehab or not). I’m debating between using my existing llc but heard it may be hard to get the loan if the llc isn’t old enough or made much money (I mainly use it because I prefer the privacy and of course protections). Is it true that I would have a problem getting one? Also wonder if using it would leave me in the running for getting an fha loan in the future, thanks in advance!

I’m buying my first rental property and after several liens popping up on the title search, the owner says it’s sorted out and only one of them belong to her and had to file an affidavit saying that’s the case to the title company. With that said I still want title insurance and am wondering which is best? There are 2 offered. One is called ALTA 92 title insurance and the other is called ALTA 98 title insurance. Any insight will be greatly appreciated! Thanks in advance.

Buying my first house and after being told religiously to get title insurance I made it known I wanted it. The owner marked “abstract of title continued to date” what does that mean? The other 2 options on there is ALTA 98 and ALTA 92, neither of which I know what it is. Any help would be appreciated! Thanks in advance

Can I accept crypto currency as rent payment through my llc?

I am planning to buy my first home in north central Indiana. I haven’t decided whether I am simply going to fix and flip, or fix and rent. I’m hoping to time it so that by the time I’m done with repairs I’ll know better how the country is going with renters in the area is this a bad idea or is flexibility the way to play it. I’m now also wondering what is a fair/reasonable time to give the owner to vacate the property? Thanks in advance.

@Tim Bender what’s a good place to start on that? As a newcomer looking for a first buy I feel like it would be a good option for me to get my feet wet.