All Forum Posts by: Gautam S.

Thank you @Brie Schmidt .

I sent a colleague request to @Ron Graf

Any more suggestions folks?

Hello:

I am looking for reco for Portfolio Lenders that will give me commercial loans for my rental properties based on Income and Expense (i.e. based on Debt Service Coverage Ratio)

[Ref: http://www.biggerpockets.com/renewsblog/2013/09/09... ]

I want to free up my cash to buy more properties.  My farm area is IL & IN.

Please PM me if you don not want to share in open forum.

Cheers!

What is the "Portfolio Lender" concept then?

I thought I can put my rental properties in my LLC neme, and then when needed, I can

cash out using a portfolio lender, so that I can pump that money to acquire new properties?

Could some please enlighten me on how to leverage my money this way, as after buying

few properties, I will be cash trapped, if I can not refi easily to free up my cash!

Any reco for investor/LLC friendly portfolio lender in IL & IN?

@Cynthia Trautz Welcome to BP!

You can find more locals in the Meetups and REI clubs.

How are are you finding your wholesale deals and what area are you focusing?

I will be interested too for any 2-4 units in B areas.

As @Polina Goncharova suggested, you can get your buyer right here!

welcome @Alexander Chavez  to BP!

Are you operating in the NW sides only?

Find a Portfolio lender and cash out your your rental property.

Congratulations to@Raji Kaur & @George Foster on this success.

Could you please share a bit more on how you acquired the property ( MLS vs a off market deal, wholesaler etc.) and some numbers ( Rehab cost etc.)?

@David Catlin  Welcome to BP!

You are in the right place to get started in REI.

What area are you planning to invest?

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