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I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
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I have gotten my first deals from the MLS, but have noticed a few neglected homes while driving around my hometown that I want to send some letters to. This is my first attempt at generating leads in this manner and I...
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Currently, I have many properties, all under one LLC roof. I know this is not the move... That is why I am looking to change this. I am curious how I should do this. I have heard of setting up a series LLC. But these ...
I am partnering with a friend of mine to build a rental portfolio. We are going to use the BRRRR method, but instead I will be the one to Finance the deals. Hard money loans have relatively high interest, so if I can ...
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Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
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I would like to introduce myself, Gary, and my wife Susan to the community.I am a practicing professional structural engineer and my wife is currently working for a home rental management firm that specializes in sing...
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I have been researching REI for the last year or so, and am feeling closer towards my first deal. I feel I have the funding resources, a decent understanding of deal analysis, and a handful of investor connections tha...
Hello inspiring investor here, I have been educating myself on real estate for awhile even starting a real estate course, then covid hit an as a nurse I could not focus on markets, sub markets and ROI with the devasta...
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I'm considering selling/offering my long term tenants a subject to deal on my property. Im so new to this strategy so I have questions that I couldn't seem to find answers to. How does the tax/insurance structure of ...
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Hey Everyone,So I've been searching the forums and google for a solid answer but I can't seem to find one. My wife and I will be buying land with an existing home on it to knock down and build a new one. I'm wondering...