Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Louis Adimando

Louis Adimando has started 0 posts and replied 15 times.

Post: How can I properly use OPM?

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Joseph Ranola those are the types of things you'll have to workout with the lender .... with an attorney by your side. Hard to say what rate is worthwhile for you lender without looking at the deal wholistically.

Post: How can I properly use OPM?

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Joseph Ranola what kind of interest are you going to give them on their money?

Post: Legal Advice for New Investment

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Christina Escobar - I hesitate to judge another lawyers work without having all the facts. Its not proper. If you need help, you should contact another lawyer outside of your current lawyer to review the situation.

Post: Legal Advice for New Investment

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Christina Escobar of issues*

Post: Legal Advice for New Investment

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Christina Escobar - yes. You should have reviewed these types if issues before you got to the table.

Post: Any brokers specializing in NYC foreclosures?

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Zahid W.

My dad - Gerard Adimando - would be able to assist.

Post: Do I need my own attorney?

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

You should always have your own attorney with every single move you make. 

Post: How can I transfer my LLC to my wife?

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Mete G. The jersey piece can be handled through changing ownership/members via the department of state. Once you change the ownership/membership of the LLC, technically all things that the LLC "owns" will be traced back to the member(s) ie your wife.

If the PA LLC is owned by NJ LLC by name (for instance ABC LLC (NJ) as owner of PA LLC, it wouldn't matter if the PA LLC owns property or not. This is a great question though. As someone who has dealt with NJ LLC questions often you seem to be on the right track. Best of luck!

Post: Real Estate Attorneys

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Chelsea Jeffers a smart attorney can advise you from anywhere. Doesnt have to be local for 95% of the work.

Post: Real Estate Attorneys

Louis AdimandoPosted
  • Attorney
  • New York City, NY
  • Posts 18
  • Votes 5

@Chelsea Jeffers it depends on what you would use the attorneynfor specifically.