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All Forum Posts by: Jacob Ham

Jacob Ham has started 7 posts and replied 28 times.

Post: When to create a LLC/Corporations

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1
Steve Vaughan it's for a rental property, single family home. Same thing though ?

Post: CPA's and lawyers in phoenix area

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1

Im getting started out in my first rental property. Does anybody know a good CPA and Lawyer in the Phoenix/scottsdale/tempe area? 

Post: When to create a LLC/Corporations

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1

Hello BP,

I was wondering when does one actually create their LLC or corporation. I'm looking at my first deal to purchase at the moment. Should i already have a LLC in place?

Post: Trying to figure out how to BRRR

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1
Jassem A. You can get a commercial loan on a residential property?

Post: New member from Arizona

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1
Welcome Ornella Kaneza to BP !!

Post: Trying to figure out how to BRRR

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1
Jennifer Beadles really good info , I appreciate it

Post: Trying to figure out how to BRRR

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1

@Jennifer Beadles so typically the goal is to Refi right when you finish renovation

Post: Trying to figure out how to BRRR

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1

@Fred Weinkauff  Haha Wouldnt that be nice.  well thanks again, Right now im working on the investment loan, If it doesnt work i have a hard money lender in mind. Probably going to give him call just to vent him out. 

Post: Trying to figure out how to BRRR

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1

@Fred Weinkauff I see, that makes alot of sense. The lender has the property appraised?

Post: Trying to figure out how to BRRR

Jacob HamPosted
  • Scottsdale, AZ
  • Posts 29
  • Votes 1

@Jennifer Beadles So to my understanding most people get Hard money loans because  they are easier to get but with a high interest, but thats okay as long as can get force appreciation on the home and Refi with a more conventional loan and pay back the hard money and use the left over to buy another one?

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