Afternoon BP. Under contract on our first midsize MFR (42 units) with a purchase price of $16k/unit. My investment partner and I are structuring this deal so our friends and family are Limited Liable partners and my p...
Hey guys! Im trying to find a mortgage company I can start with and hopefully continue to use and build a relationship with. Ive read some of the reviews on BP of Guaranteed Rate and they seem to be positive. I have n...
We are wholesaling a property to someone we've never dealt with or met. In the contract we have that we get our fee regardless of whether he closes the deal. He says he isn't comfortable with that because anything ...
Investment Info:
Other private money loan investment.
Cash invested: $50,000
REIT Loan @ 12%
We’re under contract on a pool home in Florida. After two inspections on the swimming pool, we were informed that the fiberglass coating has failed. The pool needs to be drained, sanded, and resurfaced or coded.seller...
I have to vent. Section 8 is not GUARANTEED MONEY. IT is not a cure all Panacea. It does not always pay more than market rent.1. Tenants pay 30% of their adjusted income. They still have a monthly payment. They ofte...
I ran across something that caught my attention that had to do with getting a mortgage for an LLC. Say if the only way to get a bank to loan to the LLC that holds the rental property was to personally guarantee the lo...
Currently I'm looking at a multi unit apartment complex and I only have the ability to put 10% down including the construction loan I would need to take out.. I live in a rural low income area and would possibly be ab...
Anybody gotten quotes from GR and used their services or backed away? Their Fees and closing cost estimate seam high. 1200 lender flat fee , no matter price of loan, and estimated closing cost and other fees...
Hello BP,Are there business credit cards that don't require a personal guarantee? It seems most, if not all, do require it unless you're looking for a corporate business card. Thanks in advance!