Angeline Mentor
Asset Based Lenders
I need advice. I may have shot myself in the foot. I recently took out a personal loan of 100K (unsecured) to fund my real estate investments. Well, I now have down payment, closing and gap funds. You would think...
Nathan Shankles
Can I invest my IRA and/or Roth IRA funds in real estate?
I currently have two rental properties and I’m looking to fund my third. I have 11,000 in a traditional Ira and 16,000 in a Roth Ira that I would like to use to help fund my next deal. Can I use this money without pen...
Travis Mullenix
How to create your own fund?
Hello out there,Does anyone have a good lead or site that helps explain how to create your own fund? Thank you,Travis
Dorian Gray
Cash out refinance
I have about 950k in properties. I have about 550k in equity, one property is completely paid off. Recently after some medical issues(I’m all good now) I’ve exhausted all my reserve funds and have 50k in high interest...
Miranda G.
Lenders for Earnest Money Deposit / Down Payment
Before you say 'you should have the money to get into a contract' I normally wouldn't be in this situation but I've just closed on a property that was all cash 2 weeks ago and a friend calls me on a property that's tr...
Chris Koetsier
Transferring Funds between LLC’s
Hi fellow investors,I would like to better understand the risk of piercing the corporate veil between multiple LLC’s. I have 4 separate LLC’s, 3 are single member and the fourth is a 50/50 partnership with my sister. ...
Bob Mastroianni
Self Directed IRA Questions
I have a few questions about Self Directed IRA's and was hoping that some of the BP community could help me out a bit. 1) Question's for ME: So, I am in the process of becoming fully self-employed. I currently have 2 ...
Chris Wilson
HELOC (not in my name) financing investment property
Is it possible to purchase an investment property (duplex) in my personal name with funds from a HELOC that is on someone else's property (ie. parents / friends / investors)? Logistically, I assume I cash the check f...
Ben Capone
Personal Loan for down payment
Hey all, exploring some options for a personal loan to get a down payment on a place I am looking at. Has anyone had luck taking personal loans out for down payments? Or any other good options I can explore? Looking a...
Pat Arneson
Private Lender Documents
I've read a few old posts regarding this topic and have those documents in order, but I still have the following questions regarding a private loan (from family) --
Loan Documents for Purchase -1. We have the promiss...