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All Forum Posts by: Al Wilson

Al Wilson has started 1 posts and replied 1062 times.

Post: LLC Templates Where One Person Supplies Capital; Other, the work

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
"That deal ..."

Post: LLC Templates Where One Person Supplies Capital; Other, the work

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Yes, I have done they deal several times, but there is no single template. Every deal is different. Good luck.

Post: Corporation getting out of a hard money loan.

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Don't think the trust option is going to work gif you in Alabama. Suggest you consult your lawyer to plan for your options. Good luck.

Post: HELP!! HOW DO I BUY A PAID OFF HOUSE WITHOUT A BANK LOAN

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
If there is no mortgage loan outstanding, subject to is out. Seller financing is your only option if you do not want to involve a lender. Good luck.

Post: Dog issue - Tenant moved in puppy without consent!

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Sorry, but your lease is ambiguous , which means tenant wins this one.

Post: Corp

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Do not buy real estate in a corporation. Please visit with your CPA for the appropriate entity structure. Good luck.

Post: How many of you have spouses who are also Agents/Realtors?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
That would be us. Good luck.

Post: Where do you park your free cash?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Barclays. 1% is better than nothing. Good luck.

Post: Submitting HUD bids in LLC and in personal name?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
No. We avoid anything that might be perceived as duplicitous.

Post: LLC Taxes

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Good question for your CPA. Good luck.