Chandler Calvert
Anyone heard of Corevest?
16 February 2024 | 9 replies
I started the process of a portfolio loan with Corevest and ALMOST closed with them, but due to me being a foreign (non-US) national, they were demanding a lot of things like cashflow management (all rent goes to them first, I had to ask for draws to pay for repairs), they wanted monthly reporting, and they wanted me ask my property managers to sign away their right to be paid management fee first (basically Corevest wanted to be paid before everyone else).
Michael K Gallagher
Some fantastic Loan products for House Hackers in Central OH from Park National
14 February 2024 | 6 replies
Went to a mixer last night with a Lender I work with from Park National that I've closed a few "grant loans" with.
Daniel Loane
Optimizing repairs for rental - Awning flashing installation & deck/staircase repairs
16 February 2024 | 3 replies
Quote from @Daniel Loane: Hi Biggerpockets community!
Aidan Alexandre
Where To Borrow For LLC
16 February 2024 | 4 replies
I have emailed a few hard money lenders this morning and will do research into the DSCR loans.
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 1 reply
You can access this equity through a few different methods, such as a Home Equity Line of Credit (HELOC), a cash-out refinance, or a home equity loan on Property A.
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 2 replies
You can do this through a Home Equity Line of Credit (HELOC), a cash-out refinance, or a home equity loan on Property A.Tax Deductions: The interest paid on these loans is generally tax-deductible if the funds are used to buy, build, or substantially improve another investment property.
Allen Berrebbi
Headache Property Relief
16 February 2024 | 1 reply
Ask other investors who they are using for their hard money/short term loans.
Account Closed
Does Every Investor Benefit From Having a Coach - Should You Consider a Coach
17 February 2024 | 4 replies
And these deals do not grow on trees you need to find specific set of circumstances to find them ( talk a seller into it) and have EQUITY enough to exit if you have a problem with the loan .
Brian Garrett
LLC and Commercial Loan?
14 February 2024 | 32 replies
I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names.
Ginnie Vigansky
Looking to invest in Cincinnati, Cleveland or Raleigh/Durham
16 February 2024 | 9 replies
I will purchase one with cash and a loan and the other will be purchased likely with all cash within my IRA.I look forward to getting to know people here and learning more!