Kevin S.
Questions on LLC
24 January 2024 | 27 replies
Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....
Jonathan Camacho
Seeing advice on how, or if, I should start with Real State
25 January 2024 | 31 replies
I should also mentioned that we have all of our paperwork in order, about 500 dollars a month in debt, and excellent credit scores.
Kyle Monaghan
Help for a very non-techy real estate investor
25 January 2024 | 3 replies
Are there any online videos, course etc that anyone has had experience with and found useful for a non-techy person to better learn how to use the computer?
Account Closed
How To Buy 3 Properties in 2024 with $50,000 Total
23 January 2024 | 5 replies
Then, since you are taking over the seller’s loan, you have no loan origination fees and don’t have to use your credit.
Faiz Kanash
Question about refinancing a HML into a traditional/DSCR loan...
25 January 2024 | 18 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Scott McLaughlin
CFD and note position
24 January 2024 | 2 replies
Now the seller may have existing liens from when they purchased or if they took additional lines of credit.
Joseph Villegas
Business Line of Credit to purchase Real Estate
23 January 2024 | 5 replies
Has anyone used a Business Line of Credit to purchase real estate?
Marco Fiore
Discussion: Areas in Cincinnati on the rise
24 January 2024 | 9 replies
Of course, I just shot you a message!
Mark K.
Reits vs rentals
25 January 2024 | 7 replies
What would be any thoughts towards investing the money from our lines of credit in a local real estate deal?