Let’s share, learn, and grow together—because that’s what this community is all about! 

WE get our spec loans from local community banks that specialize in lending to business's in the community.. they are not retail banks they are not looking to amass huge small time checking deposits..

Welcome to the BiggerPocket's community!!

Welcome to the BP Community and most folks I know that are in your same situation with properties in 1 or more LLCs end up refinancing those properties into DSCR loans (instead of HELOCs) to extract the cash they need for their next acquisitions.

Say they have a "community" of 100 and someone does a deal, (it doesn't have to be a deal that actually makes sense), everybody believes that's "their" success and they all do the "happy dance".

Quote from @Chris Scarazzini: Hello bigger pockets community, I am a new investor located in the capital region of NY.

A good attorney will even warn you if you are doing something illegal.As you can see from the list, a wannabe or "self taught" or poorly trained by videos or in a "community", does not provide the breadth of knowledge & experience to keep people out of trouble. 

I am thankful for all of the advice I've received on this platform and grateful for this community.

Welcome to the community and be ready for a huge amount of information at your finger tips.

In addition, in the African American Community, this is like the first or second generation where people can pass down anything.