Greg P.
Private Lender as Business Entity Considerations
Hi,
My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!
What form of business entity do private lenders choose who lend from only their own funds? ...
Dee Xixi
Best way to take title on this real estate transaction
I have a burn out landlord that want to sell a 7 units in my area. lRight before the market crash he put up some serious money into the building for a complete rehab. He wants to sell the property for a reasonable pri...
Darlene S.
Owner Title Insurance and Quit Claim to LLC
First post here. Have been learning a lot from your questions and answers. I am purchasing a property meant to be short term rental. On the loan estimate it mentions Owner’s title policy as optional. Should I purchase...
Rick Barker
Underwriter's Condition Freddie Mac
Hello all,
We bought our most recent rental with cash and have been in the process of refinancing it for 3 months. Every time we think we'll close they come back and say the underwriter needs one more thing.
The ...
Victor Lebegue
Working for Shares and lending credit
Hello,I've recently come across an opportunity to get into a group here in my local market. The luck i've had with getting serious investors behind me to fund my own deals has so far been slim to none and I figured it...
Michael Mullins
Need help finding with $58k Refi on rental
Hello BP, Just wanted to start off by saying thank you for the help with this issue. I have a rental in Austin TX that I owe 58k on, it's worth $200k and I'm not wanting to take out any cash in the deal. Just looking ...
Scott Riddile
Private Mortgage Lending to Owner Occupiers
Is it prudent for a private investor to lend mortgage funds to an owner occupied borrower?
Raza Rizvi
Quitclaim to LLC and its issues
Hello everyone,
I am planning to buy a couple of properties in AZ. Currently I own 2 properties in Manhattan - I live in one and rent the other. My questions are:
* Should I form a LLC for the new investments. The mo...
Luke Schumacher
Using multiple HELOC's to buy real estate. Help!
Hey Everybody. My name is Luke and I'm starting to get my feet wet in the real estate market here in Charleston, SC. I currently have 3 properties (2 of which are rentals). I took a HELOC out on my current primary res...
David Robertson
Selling a house without an agent - process?
I've got a flip that we are near completion and I have a buyer lined up to purchase the property.
What is the process?
What do I need to do as the seller?
What do they need to do as the buyer?
What closing costs s...