Hello, I currently have a three vacation rentals. Two have mortgages and one does not. I have a mortgage on my primary residence. We do not use any of the rentals for personal use. I am looking at purchasing another t...
Friends,I am currently purchasing a rental property using a personal mortgage. My lawyer has told me that i can buy this loan using an LLC as long as i sign a personal guarantee with the bank guaranteeing the loan wit...
I need help with the lender documentation for doing personal mortgage finace as a private lender. The borower is buying home in Texas. We want to make sure the documentation is done in complaince with Texas Mortgage f...
Hello BP!!I always see comments and complaints about investors not receiving a standard job that they receive a W2 from. This of course makes it difficult to get conventional financing for their next deal. I currently...
I am a first time home owner . My lender is Fannie Mae. I received a loan for 30 year conventional. I want to rent out my property but first want to transfer it to an LLC. Is this allowed for a personal mortgage loan ...
Are the following goals in conflict with each other:Goal A: Prioritize paying off your primary residence. Goal B: Save as much cash as possible so you are ready to BUY when recession hits.At first these goals seemed m...
From all that I have read, and using that to base our organizational structure from the very start, I would love to know the possibilities of recouping the start up costs from setting up what my wife and I hope to gro...
Just curious how rental property investors structure their business. Would like to learn what the best business structures are for rental property investing.
I'm interested in hearing if anyone has used Zeus Mortgage to fund one of their investments. Their platform seems too good to be true and when it seems that way it usually is. I've looked into it and found a site with...
I would like to purchase 2 single family homes and a small multi-family in about a 2 year period. I would like to have as small a down payment as possible (who wouldn't?).One house this year, and the other 2 in 2016 w...