All Forum Posts by: Juan Ayala

 Hello. I would love more info please. 

 Thank you. What is the name of the company?

 What company did you use?

Hi BP Fam,

I am looking for ideas on financing an accessory dwelling unit built on my primary residence. I need to borrow $110k, and the ARV $815k with a current value of $715k. The mortgage is $643k with a 2.6% interest rate with no other note on the property. Looking for a lender that would take the second position and use the ARV. It would be a bonus if they counted the $1800 projected rental income. I have an investment home where we built another ADU and just started an LLC. I was thinking maybe a business line of credit, but the LLC is only a few months old, and I've had this rental property since 2017. I also have equity on my investment property but its been difficult trying to find lenders who do seconds on an investment property. The investment home is worth $800k, and I owe $447k on it with the note at a 2.9% interest. Thanks BP fam!

BP Fam,

Am I able to raise rent on my tenants in the city of Los Angeles? Property manager is saying no due to city moratorium. 

Seeking a loan broker that can help out with a VA loan purchase for a friend in Virginia? Thank you!

What about if we form an LLC or private equity?

My dad recently approached me that he would like to take the lump sum amount for his retirement and roll it over into a self-directed IRA. I have done real estate deals before, and he wants me to hook him up with some cash flow while also investing with me. How do I structure this deal? Can I purchase under my name, or should I form an LLC and make us both members? What about taxes? What can we claim and not claim... Thank you, BP family!

BP Fam,

Seeking a lender to help a fellow soldier buddy. He wants to cash out some of the equity in his home. But the problem is his in-laws live with him, and they have hoarded up the place pretty bad, so they dont want to have an appraiser come down but rather a drive-by or desktop valuation done. 

This property is located in Louisiana and appraised last year at $155k and he owes $112k on it. He wants to take the max out that he can on it. 

Any lenders out there that can help?