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All Forum Posts by: Sunny S.

Sunny S. has started 28 posts and replied 60 times.

Post: Mortgage for less amount

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

What will be the interest rate to buy a vacation home priced at 80k ? Will the interest rate be high when the mortgage amount is less ? Which bank is good to get low mortgage with low interest rates ?

Post: 7/1 ARM or 30 year mortgage

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

@Greg Miller

Can I take 7/1 arm rate and then after 7 years the interest rate will be that current year rate ? How they decide the interest rate after 7 years ?

Post: 7/1 ARM or 30 year mortgage

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

Which is better ?

7/1 ARM or 30 year mortgage loan option when you buy a home ?

Post: Forming an LLC for three properties

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

@Jaret Walker Thanks

Post: Forming an LLC for three properties

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

@Arlan Potter Thanks

Post: Forming an LLC for three properties

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

@John Mocker Thank you

Post: Passive investment on h1b

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

Is it allowed to own and get rental income from a real estate while on H1B visa ? Also is it allowed to form an LLC for a rental

Property on H1b ?What are the tax forms that need to be submitted when the property is managed by a property management company ?

Post: Forming an LLC for three properties

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

@Jaret Walker Thank you. Umbrella policy on top of home insurance policy ?

Post: Forming an LLC for three properties

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

@Jaret Walker

Three multifamily units

Post: Forming an LLC for three properties

Sunny S.Posted
  • Rental Property Investor
  • Bentonville, AR
  • Posts 70
  • Votes 12

Do I need to form an LLC if I have just three properties ? How can I protect my personal wealth if I don't form an LLC ?