Frederic Favier
Form an LLC to get approved a bank loan?
Hi, I would like to start REI in Florida but have been told by 2 banks already that as a foreign investor it would be best to open an LLC and get the loan under the LLC instead of a personal loan. They don't seem 100...
Joshua Esparza
Need assistance on investment loan
I recently spent months trying to find the right investment property. I came across a property I found would work financially for only $28,000. I talked to the lender and they only offer loans at a minimum of $30,000,...
Kendrick Victoria
Paying debt off vs buying more property
I purchased a two family house in NY almost two years ago, but to purchase that home I took a pension loans and a personal loans to cover some of the closing cost ( 70k). There is enough equity for me to take out a lo...
Nicole Austin
Financing a 2 family rehab
Hi! I am new to the group. I'm looking to rehab a 2 family property that is free and clear of mortgage. It is currently vacant and uninhabitable so it wont qualify for HELOC. It needs more than the $10k personal loa...
Sherry Maharaj
New Investor needing help
Hello everyone I'm a new Investor and I've been listening to bigger Pockets podcasts to get educated. I must say it is a bit confusing on where to begin. I thought about wholesaling but for some reason I keep getting ...
Andrew Prince
Newb question: Seller loosing home to bank
Hi All,My sister's co-worker is loosing her house to the bank. The homeowner would like to sell to my sister or another "nice family" rather than just hand the property over to the bank. She owes $300,000. Property is...
Joseph H.
715 S northern blvd Independence, Mo
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $13,000
Cash invested: $35,000
Single story with a walk-out basement duplex, newly remodeled.
What...
Travis Mccarney
Renovation almost finished, where too?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $20,000
Cash invested: $100,000
So, I am wrapping up my first renovation. *Whew* It was a long and hard struggle, e...
Juan Rosa
What are you thoughts?
What are you opinión of this deal: bought home for 410k, fha with 6% seller concession.The home is a live and flip deal. 4bed, 1 bathroom. 1500Sq ft cape, roof is mid life, no foundation issues, no oil tank issue, n...
Aaron Licardo
No tax returns, what are my loan options?
I started my hospitality company back in Feb 2020 and luckily did not get a restaurant location due to Covid. I never set up a payroll until May 2021. I have no income tax statement for the entire year of 2020 and hal...