All Forum Posts by: Karen Warren

Hi, Scott.

I am wholesaling. What specifically are you looking for and what area?

@Cristian Aviles-Morales I know what you mean. It's hard to wait.

@Tom S. Thank you. It's good to know how much I will actually have to have on a rehab.

What if I find a great deal and get a hard money lender to lend on it but don't have the down payment? Are there private money lenders who will loan the down payment?

@Nghi Le Interesting.

@Jason D. Thanks.

@Jason D. Really? Which ones are they?

@Jason Hirko Thank you, Jason. That makes sense.

@Ian Tvardovskaya Thanks for your reply. That is what I was thinking but, being a newbie, it's nice to have the confirmation.

I've talked with several hard money lenders and they are all telling me they won't loan to individuals, only LLC's.

So, I just got my LLC. Do I need an EIN number for my business now? How about a business bank account and credit card. Is this just a way of separating my personal assets from my business entity assets?