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All Forum Posts by: Bernicha Reid

Bernicha Reid has started 5 posts and replied 9 times.

Ok thank you. That gave me more perspective on the use of HML

Does any one have guidance on the process of becoming a real estate investor? 

Any testing materials or exam prep? 

Does any one have guidance on the process of becoming a real estate investor? 

Any testing materials or exam prep? 

How simple is it to find property and use hard money to finance the investment? 

What percentage of the mortgage should I have as cash or is a down payment still needed??

Also from that hard money loan, then in turn refinance with a traditional mortgage and begin renting that location.

Within Detroit city limits, Harper Woods, Warren, and Eastpointe. Do you have any suggestions? And thank you for the insight!!

Within Detroit city limits, Harper Woods, Warren, and Eastpointe. Do you have any suggestions?

My husband and I are purchasing properties in the Detroit area. Does anyone have any recommendations for real estate agents/companies and property managers? How do you know when you've made the right connections when you're an out of state investor? 

Post: LLC Credit Advice

Bernicha ReidPosted
  • Posts 9
  • Votes 2

Line of credit for a down payment??

Post: LLC Credit Advice

Bernicha ReidPosted
  • Posts 9
  • Votes 2

How can I get the most out of my LLC's credit before my first rental?

Do lines of credit help for first property acquisitions?