I need some advice on securing a loan for my first property. I'm hitting roadblocks with lenders because I'm a new company, and private lenders are telling me that I haven't borrowed substantial amounts in the past. D...
Hey all,I'm having a bit of trouble sorting out how to complete a double closing here in CT. To attempt to summarize, my attorney tells me we can't fund the A-B with the B-C money. We are using a hard-money lender (HM...
I'm currently looking into purchasing my first rental property. Not really sure how to ask this question but, Is it possible I could buy a property from a Wholesaler with a bank loan? Ex: wholesaler presents a propert...
I'm trying to understand the numbers on a 5 family building. Asking $450,000 with annual revenue of about $45,000. Annual Expenses before debt service are about $14,000. Considering leveraging a property for the 20%...
Hello, Im going on deployment in one week and I just wanted to know what are some good books for real estate investing. So that way once I get back from deployment I can jump into investing immediately with the money ...
I am located here in the DFW and so far I have been buying in my personal name, but would like to use my DBA in the mean time if thats acceptable. My DBA is registered with the corresponding county I do business in...
I was just talking with a commercial lender about some qualifications for purchasing a commercial investment. He mentioned offhand that he has seen a few times with smaller properties that have an FHA loan, where the ...
Hi BP,Myself and two partners are looking into getting a commercial loan to buy a 6 unit building. We've spoke w/a few different local commercial loan officers, who all say that they require each partner to qualify fo...
Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...
Drop some names of your favorite real estate books!