From my research many institutional lenders dont lend to LLCs seeking a loan to purchase property. Is this true? If so, why do many suggest purchasing rental property via an LLC for protection for personal vs. busines...
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What financial institution do you recommend to get a pre-approval? Financial companies, banks, credit unions, etc?
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Hello all!This is my first post and I feel the need to say what an awesome community of incredibly open-hearted and generous people you all are. I've never seen so many people willing to help and rejoice when people s...
Hi everyone, We are looking into a deal to purchase a 5 unit apartment building that currently operates as a short term rental. The price is $3MM. I have experience using DSCR loans that calculate the STR revenue to p...
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Hi, I am looking to financing options for my first multifamily property. I would like to find a top notch mortgage broker to work with on financing for residential multifamily properties (1-4 units) in Washington Stat...
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Here are Guidelines for Getting Approved for Financing. I hope you find this helpful, as I get many questions on Foreign Investors and Getting Approved For Conventional Financing. NON-U.S. CITIZENS Social Security Nu...
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Admittedly I am new to this and I haven't written a creative offer before. I have a deal I have been negotiating but they asked for what I'm thinking in writing. Can anyone help me or point me in the direction of re...
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Hello BP Community,
I am looking for some advice to convert properties from a personal note to a commercial note. Specifically, are there note originators that would commercially finance a property from personal to c...
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Hi there,Owning a small portfolio of properties for buy and hold strategy, that gave me financial independence in Portugal, I made the decision to quit my job.Now, there is no income to declare as salary and so, banks...
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So I always hear people talking about getting the financing and everything to purchase a rental of fix and flip. I don't really hear anyone talking about how they financed or cover the cost of rehab part of it. What a...