Real Estate Services

I need a hard money loan or a asset based loan. Lenders from the nyc area please. I don’t want any other type of loan(conventional loan).

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I havent formed the LLC yet. I am still in the process of creating it. The mortgage is under my name, but I want the house to be under the LLC so I am not personally liable for anything. I heard it is harder to do this though. What are the steps and measures I need to take to do this?

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i mean actual money in my name real financing. not the so called creative financing way. Are there any grants available for people like me?

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I build new houses and remodel existing ones to own and rent out. During the construction process I have expenses uncommon to managing rentals. Even though I take no salary and do as much work as possible on each project, we still have a negative cash flow. After adding up the losses and deperciation, it offsetts my wifes income so we get all of her taxes back. Based on rental rates in our area, we calculate that it will take about 3 years for a property to break even. So we should be turning a profit in tax year 08. To take full advantage of the tax code while depreciating the buildings and then selling them in the future, Is there an advantage to holding these properties as personnel investments or should I form a business that builds and manages real estate?

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I am filling out a form for a rental application and they want my bank name, account type, and account number, but not the balance. Also they ask for my full social security number. I know that this paperwork will just get filed away. They say its for reference reasons, what should I do? I don’t want to be denied.

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