Lingo Lin
How to create a “Family Bank” without using Whole Life Insurance?
I live in New York, and have family in PA, NJ, and FL.I have a family of about 25 members who would like to pool their savings into one account, and each member would like to have the option of putting their savings i...
Bob Malecki
Licensing requirement for Georgia note investing?
As I understand it a license is required to buy residential mortgage notes in the state of Georgia and I'm posting to see if anyone has specific info on this or links to article that provide the requirements. Perhaps ...
Jeffrey De Los Santos
How can I refinance a home into an LLC?
I purchased a SFR rental property with a hard money loan under my name and am looking to refinance, but under an LLC. Am I able to do this and if so, how do I go about doing this?
Roger Matthews
Title company will not insure investment property cash out refi
First of all, i want to thank everybody in advance. I am grateful to find this forum because my family has been in extreme stress over the past few weeks.
Background is that we relocated from Houston 1.5 years ago to...
Sharaya Rutherford
Fix and Flip Loans
Hello all! I'm getting ready to start flipping houses and I have a few newb questions for you all.I've been looking at using either a line of credit or a fix and flip loan. So far, I'm leaning more toward the fix and ...
Tom Nagy
Stay away from RAD Diversified
This company is a complete real estate and investment ponzi scheme. Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they al...
Rich Weese
Need net worth for financing? New poll
A current thread talks about those underwater on mortgages or negative net worth. I decided to ask a simple question. I believe more than 2/3 of PUBLIC has current negative net worth. Lots of reasons: underwater on ho...
Christian Roberts
How to remove seller's mortgage from DTI on a subject to deal
Hey BP family!
I want to use creative financing on my next deal. A common objection I hear when speaking to sellers is that they'd love to sell to me subject to but it will affect their DTI when they go to buy a new...
Kimberly Walker
Hard money fail- how to get out
So, my first investment property went sour. Being new, I think I dove in head first without thinking of all the possible issues I could be confronting.I financed a single family property with a hard money loan. Things...
Kristi K.
DSCR loan without clear title?
I have a property that I bought on Dec 6 2021 at a tax sale for $70K in Shertz Texas. I put $64K into it, new roof, upgraded to 200 amp electrical, rewired 100%, all new plumbing, beautiful original hardwood floors sa...