How To BUY Rental Properties Using an LLC | Live Q&A

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  • เผยแพร่เมื่อ 12 ก.ย. 2024
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    Thanks for watching!!
    #llc #rental #property

ความคิดเห็น • 77

  • @yesicajure9298
    @yesicajure9298 2 ปีที่แล้ว +14

    I am a newly licensed MLO and I have learned sooooo much just by watching your videos. Thank you so much for sharing your knowledge.

    • @Mgthemortgageguy
      @Mgthemortgageguy  2 ปีที่แล้ว +1

      Ty for watching and I'm happy you got value from my videos. Congratulations and welcome to the dark side 🙏🏽

  • @treelyons4788
    @treelyons4788 ปีที่แล้ว +4

    I’m watching this a year later at 3:55 am. I’m going purchase property today 1/14/23 and I have an LLC but didn’t know how to go about using it to buy properties but all your information has help me tremendously moving forward for the future I have 3 pages of notes thank you so much 😊 💎😊💎😊💎😊💎😊💎

  • @ryankillpatrick
    @ryankillpatrick ปีที่แล้ว +1

    Mannn!!! your peoples ask ALL the right questions!!! Someone asked all the questions I wanted answers to.....AND THEN someone asked questions I didn't even know I wondered about, but STILL had me scribbling notes!!!
    BLESS you and your wisdom and your followers!

  • @iramcc409
    @iramcc409 2 ปีที่แล้ว +3

    Great information here! Thanks! Salute to the whole EYL network. OUR PEOPLE!

  • @haetienne
    @haetienne 2 ปีที่แล้ว +2

    I’m locked in with this one right here. Keep dropping that knowledge Fam

  • @dom5401
    @dom5401 2 ปีที่แล้ว +5

    Great content. Thank you for sharing. I will be sharing with my teenagers.

  • @dennissanders5623
    @dennissanders5623 2 ปีที่แล้ว +4

    Yeah, do more live MG. It was very informative.

  • @alexanderannunziata9479
    @alexanderannunziata9479 ปีที่แล้ว +1

    I was white with a Crack problem years ago. Now I'm still white experiencing a stack problem. God I love recovery and professional development. Your channel is LIT! Thank you so much. Just funded my contrstuction LLC and registered a couple more LLCs to start the financing process.
    For those of you reading this bag I was chasing selling Crack never got filled with anything except jail time, rehab, lost relationships and Broke AF. The bag I've been chasing trying to build a life actually is accumulating. THANKS For your channel!

  • @miguelmontrell996
    @miguelmontrell996 ปีที่แล้ว

    OMGGGGG I’M so weak 😂😂😂😂 “Take him off” Matt you are hilarious!!!!!

  • @los1763
    @los1763 2 ปีที่แล้ว

    I love the "real" of all of this from beginning to end.

  • @bluepebble1455
    @bluepebble1455 2 ปีที่แล้ว

    I have been following you from eyl and you guys are doing great things! Love u all

  • @FixItWithReasun
    @FixItWithReasun ปีที่แล้ว

    Gems 💎 V Formation.

  • @stanmoney8470
    @stanmoney8470 ปีที่แล้ว +1

    What about DSCR loans for multi family homes?

  • @stanmoney8470
    @stanmoney8470 11 หลายเดือนก่อน

    Should you hire an attorney to setup your LLC if you plan on purchasing real estate out of town?

  • @stanmoney8470
    @stanmoney8470 ปีที่แล้ว +1

    So your business credit has to be over 600 for lenders to consider your LLC legit to give you a loan? Even if your a new investor?

  • @CME843
    @CME843 ปีที่แล้ว

    Bring it back

  • @stanmoney8470
    @stanmoney8470 2 ปีที่แล้ว

    Let's say you want to invest out of state, should you set up your real estate in the state you want to invest in?

  • @MsKitty183
    @MsKitty183 ปีที่แล้ว

    MG your videos are fantastic. I'm jumping back into RE after trauma - aka losing bigtime in 2008

  • @margaretburtch6513
    @margaretburtch6513 ปีที่แล้ว +1

    I own my home what program do I use to rehad

  • @lisatorres657
    @lisatorres657 2 ปีที่แล้ว

    can you do these lives at a later time? even maybe weekends?? thank you!!!! ill be seeing you in Brooklyn tomorrow!!!!!

  • @MissSupremeDream
    @MissSupremeDream 2 ปีที่แล้ว +1

    all facts...but a funny live

  • @jau840531
    @jau840531 ปีที่แล้ว

    Yes.

  • @megd.6647
    @megd.6647 2 ปีที่แล้ว

    Yes to more Lives on TH-cam and Q&A’s

  • @sabrinalild
    @sabrinalild ปีที่แล้ว

    Priceless
    Info

  • @janinecarter5318
    @janinecarter5318 2 ปีที่แล้ว

    LOVE THE Q&A

  • @charlestoney3045
    @charlestoney3045 ปีที่แล้ว

    Yes

  • @ebonywatson2177
    @ebonywatson2177 ปีที่แล้ว

    Thank you MG

  • @stanmoney8470
    @stanmoney8470 2 ปีที่แล้ว

    Yes Sir, love the show!! 👍🏿💪🏿✅

  • @sharayarnold5335
    @sharayarnold5335 ปีที่แล้ว

    Detroit, Mi❤

  • @ashachanel2587
    @ashachanel2587 2 ปีที่แล้ว

    Yes, do more. Very helpful.

  • @yellowcutterwoodservice
    @yellowcutterwoodservice 2 ปีที่แล้ว

    Interesting stuff. Thanks for sharing.

  • @alanlen8415
    @alanlen8415 6 หลายเดือนก่อน

    Great info

  • @andrecruz4985
    @andrecruz4985 2 ปีที่แล้ว

    Fire Q&A episode a lot of 💎’s

  • @pre-pachroniclesbychristin1800
    @pre-pachroniclesbychristin1800 2 ปีที่แล้ว +1

    Can you buy a 203k loan with an LLC? I keep hearing about the LLC needing to show proof of income prior to loan acceptance meaning I have to have an income first.

    • @Mgthemortgageguy
      @Mgthemortgageguy  2 ปีที่แล้ว +4

      No you cannot. FHA 203k has to be in your personal name and primary residence for 1 year. Llc is for investment properties and doesn't require personal income to qualify

  • @rosalindpride1501
    @rosalindpride1501 ปีที่แล้ว

    Detroit, Mi

  • @ardregordon3069
    @ardregordon3069 2 ปีที่แล้ว

    I would like to know if I could buy another house while I'm still in this mortgage I mean well I'm still buying this house right here I want to flip this house that I'm living in right now and I want

  • @freddiebutler3653
    @freddiebutler3653 ปีที่แล้ว

    Lansing Illinois in house

  • @Omaromar2x
    @Omaromar2x 2 หลายเดือนก่อน

    MG you got contractors in Pittsburgh?

  • @antp5611
    @antp5611 2 ปีที่แล้ว

    Great 👍 Knowledge
    I appreciate 🙏 it all

  • @bookwormaribk7614
    @bookwormaribk7614 2 ปีที่แล้ว

    😂🤣😂"F' ya feeling Bro!"

  • @deborahk7able
    @deborahk7able 2 ปีที่แล้ว +2

    Hey MG are you saying, if I did a FHA in my personal name I can then do it in my LLC as well and is it a period of time I need to do it? Like right after I do it in my name and it close the next day I can do it in my LLC?

    • @Ralph.L
      @Ralph.L 2 ปีที่แล้ว

      Good question

    • @FlawlessCFO
      @FlawlessCFO 2 ปีที่แล้ว

      Investment property cannot be FHA .. owner occupied only

    • @deborahk7able
      @deborahk7able 2 ปีที่แล้ว

      @@FlawlessCFO If you occupy or live in one part of the place for a period of time it can. Then there ways around that, but I won't say on here! LOL

  • @Jordanvu88
    @Jordanvu88 2 ปีที่แล้ว

    I love Tuana’s energy lol

  • @richeneljeanpierre2205
    @richeneljeanpierre2205 2 ปีที่แล้ว

    That was great information. However, recasting is for the one that already have a chunk of money. Why not just call the lender then make a deal and pay it off?

  • @chantelbee8951
    @chantelbee8951 2 ปีที่แล้ว

    "Man fuck that"😂 ughhh I hate I missed your live

  • @stanmoney8470
    @stanmoney8470 2 ปีที่แล้ว

    Are just the 1 st time home buyers are the only ones that qualify for the FHA loans?? What if I have already bought a home, could I qualify for a FHA loan as a first time investor??

  • @femmlife20
    @femmlife20 2 ปีที่แล้ว

    Hi ,, I am about to sell my home,,, I have an LLC,, can I put the new property in the llc,,, also want to know if / HOW I can pay less taxes on the sale as well

  • @portiaparker1669
    @portiaparker1669 2 ปีที่แล้ว

    Very informative

  • @swanathomas
    @swanathomas 2 ปีที่แล้ว

    If he has the capital fix your credit

  • @charles9639
    @charles9639 2 ปีที่แล้ว

    Want to know where can I get in your courses or tutorials fir beginners in investing MG?

  • @Shonnie_B
    @Shonnie_B 2 ปีที่แล้ว

    Nashville TN

  • @Nanbebe7
    @Nanbebe7 ปีที่แล้ว

    Where do i get the blueprint

  • @stanmoney8470
    @stanmoney8470 ปีที่แล้ว

    Gems!!!

  • @szimanskylovinsky1742
    @szimanskylovinsky1742 ปีที่แล้ว

    Hello MG, how may I get in touch with you?

  • @MsKitty183
    @MsKitty183 ปีที่แล้ว

    Is it me or is there an echo for all the people calling in. 😢

  • @porschejackson7399
    @porschejackson7399 2 ปีที่แล้ว

    Should I put my personal home in my LLC name

  • @sadegilbert4264
    @sadegilbert4264 ปีที่แล้ว

    Loved

  • @rafaelandres4563
    @rafaelandres4563 2 ปีที่แล้ว

    I’m looking for a good Contractor to partner up with in New York

  • @charlestoney3045
    @charlestoney3045 ปีที่แล้ว

    New orleans❤

  • @Mssummer362008
    @Mssummer362008 2 ปีที่แล้ว

    I am new..what is the blueprint?

  • @barbaraarinaga891
    @barbaraarinaga891 2 ปีที่แล้ว

    No link in the comments

  • @bluepebble1455
    @bluepebble1455 2 ปีที่แล้ว

    Hi mg, 1st and foremost I wanna thank you for all the financial literacy you offer us.
    I have 3 questions, hopefully u can help out:
    1- should I get my first multi family investment on my personal credit (which is good), or should I get it under an llc from the get go?
    I’m limited with down payment fund$.
    2- Also if llc will be my best option (which I wanna open it this year although I’m planning on buying next does it matter under which state I open it? I live in FL and NY and if the right opportunity arises I will like to invest in NY/ NJ, can I still have the llc registered (and physical address) in the state of FL (I’m thinking for tax purposes benefits)?
    3- And finally do u have any videos on assets based loans? As I wanna explore this option as well
    Thanks I’m advance!

  • @sherrytownsend8392
    @sherrytownsend8392 2 ปีที่แล้ว

    Sherry Houston Texas

  • @shaylaparson4372
    @shaylaparson4372 ปีที่แล้ว

    🔥🔥🔥🔥

  • @stylesbydanielleslovelytou9188
    @stylesbydanielleslovelytou9188 2 ปีที่แล้ว

    💎 💎 💎 💎 gem

  • @ebonywatson2177
    @ebonywatson2177 ปีที่แล้ว

  • @ClosewithKeri
    @ClosewithKeri 2 ปีที่แล้ว +1

    I do love this channel, but if I could give one suggestion… LET THE PEOPLE YOU INVITE TALK… you have a tendency to constantly cut off your guests… like let them get their words out… 🙄

  • @stylesbydanielleslovelytou9188
    @stylesbydanielleslovelytou9188 2 ปีที่แล้ว

    58700

  • @Nanbebe7
    @Nanbebe7 ปีที่แล้ว +1

    can I buy in my name and transfer Deed to my LLC with a Quick Claim.deed

  • @fastcartjkitchen..6392
    @fastcartjkitchen..6392 ปีที่แล้ว

    58700 💯🔥🔥🔥🔥

  • @suztravelz2200
    @suztravelz2200 2 ปีที่แล้ว

    58700