Lawrence H.
Personal Gtee for LLC
Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
Kerry Arm
Pre-Foreclosure (Purchasing from Family Member home needs repair)
My elder Aunt has a home that is in the Pre-Foreclosure stage and she would like to sell it to me. Found Multiple issues after little research. The house needs about $70k to $100k in repairs and the current mortgage ...
William Allen
How to Calculate Max Allowable Offer
Something that stops us from getting started is analysis paralysis. If you are afraid that you won’t be able to make a competitive offer that will also make you money, this is the blog for you.
When you get started ...
Kurt Sprigler
Who has purchased 10 million plus?
I was curious about financing 10 million plus deals. Who are you using and what terms are you getting? What type of cash flow do your lenders look for? Are you using syndication or private money? Love to connect!
Trace P.
If Possession is later then Closing, what happens in between?
Hi everyone,I'm currently in a contract where the seller needs the cash fast to close on his new home, hence he sets the closing date to be on xx Nov which is before the closing date of his new home. However, his new ...
J Czar
Paying off LLC Funds Obtained from Personal Sources
I have a question about funding a single-member LLC and paying it back. I have read several of the posts here, but I have not been able to figure out exactly what to do. I am buying a property, and I going to fund i...
Mitchell Dyer
Houston BRRRR Referrals
I' am starting my REI adventure in the Greater Houston market and looking for Key Players to build a quality BRRRR team. If you know any Hard Money Lenders, GCs/Handymen, Property Managers, or Lenders in the area plea...
Allende Hernandez
Mortgage Forbearance latest info?
Hi guys,
I did a search and the latest post I found on this topic was about 2 weeks older. There are many of the opinion that somehow going into forbearance will come back to haunt mortgage holders regardless of what...
Avery Robertson
Seller looking for 1031 into REITS (DSTs)?
Does anyone have any experience with doing a 1031 exchange into a Delaware Statutory Trust?Background: I found a potential off market seller. Older couple thinking of selling there duplex. One thing holding them back ...
Nick Ferguson
Give me your thoughts about this strategy/potential deal?
I currently have 1 rental property and I'm looking to purchase a second in early 2017. I have contacted a broker who thinks that he will be able to qualify me for a conventionally financed home with between 10-20% do...