So frustrating when you can show a bank your assets, your bank accounts and liquidity and they still find a reason to turn you down! My husband is from the UK, (dual citizen) he's got the assets and despite the 720 ...
I’m preparing to buy our first rental property. Working on financing with the bank. I told them I want to close in a land trust for asset protection. They said no to that. Any suggestions?
Hi all, my name is Efren Barriga. I bought my first house two years ago, not knowing anything about real estate. Fast forward to today, I am glad to say I am a Landlord/Property Manager. Reading the books on managing ...
I plan to use my Solo 401K for investing in distressed mortgage notes, real estate and possibly private lending. From a business perspective and identity protection, does it make sense to set up an LLC under my Solo K...
Is creating an LLC and applying tor a business loan a good way to put money down to purchase a property? Or is that not an ok thing to do?
I have an owner occupied conventional duplex. It’s been a year and wanted to try to FHA into something bigger. 3-4 units. Lender is saying the underwriters won’t buy that I would move from a duplex to a 3-4 unit and s...
Hello BP community, I have a bit of a tricky situation and am hoping to get some advice on how to best proceed with my first real estate transaction. I have recently put an offer on a multifamily property that I had ...
Hello All,Thanks for a great forum. I am so happy to have this resource at hand to learn from experts.I just got my first 2 rental properties (SFH, Duplex) in Florida. After getting conventional financing, I asked my ...
Good morning, I'm just getting started in REI, and at my brother's recommendation, I've been listening to the BP podcast and I'm reading Rich Dad Poor Dad. I know this is likely a throwback for most people on the for...
Do you all asset based lenders do this? So I was referred to an asset based lender. They talked great game and said that I was a great fit. They explain their Lending and refinance program and so I find a property tha...