Brandon Brown
So I just bought a mobile home park with a car loan..
Hey BP, I am excited to share my creative finance story on this deal I just wrapped up. So the mobile home park details are as follows:Purchase price: $110K13 homes, 2 lot rent and 11 park owned.(2 vacant units)City ...
Jason Kenyon
Please Help! looking for recommended lender for starting out!
Hello Biggerpockets family!, we started our LLC 3 months ago and have little income from 2 JVs, but really hoping to get properties under our own title, do cosmetic improvements resell and be able to grow. We were thi...
Victor Spencer II
What is fair? and should I do it?
I met a private investor that will fund my deals 100% with a 12% interest. There is another investor that knows I have this contact. This investor has contacted me and wants me to fund the deal 100% through my privat...
Vontrick Davidson
Private money lender question for a Owner occupied condo
I have an investor that wants to get a 50k loan using his free and clear condo in dallas TX as collateral. He o owes no debt on it. He doesn't want to use a bank because of the paper work and qualifying he says. Would...
Jordan M.
Hello from Florence South Carolina
Hello!I am fairly new to the Florence area (9 months now). Just bought my first home for my wife and I in December and am now looking to expand my cash flow. I am an avid investor but have been disappointed with mutua...
KC Pake
🤔Exploring the Benefits of Investing in Real Estate with Unsecured Term Loans
Hello BiggerPockets,
I'd like to open a discussion on an unconventional approach to real estate investment: utilizing unsecured term loans instead of the traditional route of mortgages. This strategy might sound unor...
Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Pirom Ting
Credit cards cash advance to fund down payment
My wife and I are thinking to take out cash advances from her credits cards, to gift over to my account for a down payment on an investment property. We're looking to get $15K-$20K out of it.We're looking for advice o...
Mo Um
Rhode Island Home Equity Line of Credit (HELOC)
I’m looking for a bank that offers a HELOC on an investment property. I did a little research and consensus says to check more local banks. I found one that does, but now they are saying they must be the 1st lienholde...
Jain P.
4 mortgage loan limit big banks - Is it per person or per family?
I have 3 mortgage loans(1 primary, 2 investment) under my name only. All titles for home are under a revocable trust with both spouses name listed as trustees. My spouse doesn't have any loan under her name.
For the ...