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All Forum Posts by: Emily Debes

Emily Debes has started 2 posts and replied 3 times.

Starting Out

Post: Which Investment option is better?

Emily DebesPosted
  • Kansas City, KS
  • Posts 3
  • Votes 0

Which option is better?

Option to buy a $25K 2 bedroom 1 bathroom bungalow in the inner city, that rents at $550/mth. 

Or 

Option to buy $250K full duplex each side is 3 bedroom, 2.1 bathroom, 2 car garage, unfinished basement in a decent location. Each side rents for $1250/mth

0 Votes
Starting Out

Post: With an LLC do you use commercial lending?

Emily DebesPosted
  • Kansas City, KS
  • Posts 3
  • Votes 0

Hi Christina, so you have an LLC that you use for your REI business? did the bank write commercial loans?

Do you suggest getting an LLC starting out, or just do it on my own for my first investment?

I feel I don't really know where to start, however feel it is possible to get a loan for a triplex, but how?  How do most people start out.  I feel I need to get this first one under my belt to start rolling to my goals of adding investments each year!  

0 Votes
Starting Out

Post: With an LLC do you use commercial lending?

Emily DebesPosted
  • Kansas City, KS
  • Posts 3
  • Votes 0

I'm considering getting an LLC to start real estate investing, and I feel like I read somewhere that under an LLC you would need to qualify for commercial lending. How easy is that to qualify for commercial lending with a brand-new LLC? Would you encourage that? I am brand-new, and want to buy a triplex.

0 Votes