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Results (10000)
Phillip Murdock Can my LLC Secure Loan from Personal Home Equity?
17 July 2024 | 3 replies

I am new to real estate investing.  I was told the best thing to do was establish an LLC as I begin my venture.  I plan to access some of the equity in my home, along with cash on hand, to purchase and reno property. ...

7 May, 2024
Personal Finance for Beginners: Bank Accounts, Real Estate, and Retirement

Personal finance doesn’t have to be complicated. Saving, investing, and retiring early shouldn’t be a stumbling path to wealth, but many Americans feel this way. So, to clear up some of the money misconceptions, we’re...

Mike Matern Personal Loan as Down Payment on Conventional Rental??
28 June 2018 | 9 replies

I'm planning on buying my next rental property at the end of this year using conventional financing.  I currently have 2 rental properties, so in addition to the 20% down payment I will also need to show proof of fund...

Chris Ye LLC payback to HELOC
26 January 2021 | 17 replies

We created a LLC to buy and hold rental properties. Because it is difficult for the new LLC to get bank loan, we applied a Home Equity Line of Credit (HELOC) under our own name. Our LLC has pur...

Nilusha Jayasinghe Property reserves and personal efund locations
16 January 2025 | 12 replies

Hey all, I'm a smalltime investor currently living in a flat of a Chicago 2-flat while renting the other out, and also have a SFH rental in OH. I'm not looking to scale anytime soon. I have my personal emergency fund ...

Vidit S. What are the best types of lenders for a fund(not syndicate)?
2 September 2022 | 7 replies

Hi All - I am looking to set up a small fund of 2M to 3M focusing on buying 1 - 4 units. In my market, the value is about 120k per unit. In your experience, who is the best type of lender who understands the fund mode...

Damon J. Bank Accounts for Buy and Hold Strategy? Starting Out
16 June 2011 | 10 replies

From what I have read I should have an account for security deposits and an account for rent and expenses that are separate from my personal account. Assuming I will be targeting 10 properties here are a few questions...

Chris Battaglia Where's Your Money?
8 September 2021 | 2 replies

I'm curious to hear where people have their money these days. You just made a killing off a flip, sold your personal home in this crazy market, inherited a chunk of cash from family, etc. You hear a lot about the grea...

Antwan Smith Need a Business Line of Credit
2 July 2019 | 9 replies

Do any one know in good source to get unsecured business line of credit. Newly formed LLC need quick cash and don't want to use hardmoney lenders to get into deals. FICo 738

Gail Greenberg Can I take out a hard money loan for purchase and use IRA for renovation money?
9 August 2015 | 3 replies

Hi All,I just put a house under contract that I'm going to flip. My partner and I plan to get a hard money loan for the purchase and then use my self-directed IRA for the renovation funds. My IRA is a "checkbook" IRA ...