Bernadeau C.
Non-traditional financing for 1-4 units available?
Are there any non-traditional lenders that will lend up to 80-85% of the acquisition, with rates at about 4-6%, at a 30 year fixed term for 1-4 Units?
Fernando Cardona
Private lending tax issues if using a line of credit
I have been reading a book called the bankers code It talks about becoming the bank and using lines of credit from a bank to then do private lending.If anyone is actually doing this and could give me some input about ...
Billy Hills
hello every one
Hello every one. I am back and finally with some good news. In the year or so since I have last been here. I have taken some time to refine my credit and savings situation. I have also decided that my plan was to v...
John Francis
Funding - Converting 11,00 sqft warehouse into apartment units
What's the best funding source for financing the conversation of 11,000 sqft warehouse into apartment units in Hickory, NC? Do you know of any federal or state grants or Gov't backed loans?
Lonnie Hammond
Buying a short-sale/soon to be foreclosure
I recently learned of a situation where the bank denied an offer the owner(s) received on their short-sale home and they are nowfacing foreclosure. Although, I have the income and credit to obtain a mortgage for the p...
John Hunter
Renting to Tenant with Chapter 7 Two Years Ago
Rookie Landlord Question Here!I have a potential tenant who makes over 4x the monthly rent. Her past landlords have all said she pays on time and has been a great tenant for them. However, she did have a Chapter 7 dis...
Brooks Johnson
Best local banks/lenders in Minneapolis St Paul Area
Hi All,
I'm looking for some new financing on my rentals, ideally a local bank/credit union that understands investing. Who would you recommend? If I end up using them I'll send you a caribou card or something to s...
Ray Taylor
Creative Financing for Rehab
Hello BP,So I am getting ready to close on my second property and have some rehabbing that is about to happen. I have some thoughts on how to finance the rehab without using hard money. Home Depot has a project card t...
Joshua Sun
LLC / Business Checking Account on First Property?
I was wondering if it makes sense to open up an LLC after closing on a first property?Or would it be okay to simply open up a separate checking or business account to keep track of taxes at first. Do you even need an ...
Ryan Kawash
Best Landlord tools for applications, leases, background checks..
Hey guys, so I just recently closed on my first duplex about a month ago, just finished renovating one of the units and i'm about ready to rent it out. Posted a couple ads via FB and CL yesterday and i'm getting emai...