Shawn H.
Buy property under LLC with personal LOC
Like the title says, can you buy a property under an LLC using a line of credit secured by a rental property under personal name? What are the ramifications? Thanks
Micah Casey
Cross Collateral Loan
Has anyone done a cross collateral loan before? There is land that I am trying to purchase and build a house on. From what I'm hearing from a couple lenders is that I will need 25% down for the land purchase which of ...
John Lewis
Found the deal. Weighing options on financing.
I'm looking for a little help with my next potential deal. Here's the numbers. Purchase price will be $60k with an ARV of $115k. Rehab costs will run $20-$25k. I currently have a HELOC for $33k on my former primar...
Michell Chase
Using lines of credit short term to DSCR closing costs…
I’ve already purchased 1 rental property (a duplex) this year with a conventional mortgage. I withdrew from my 401k for that as I am retired. I would like to buy my second duplex using DSCR loan which will require a...
Ryan Miehm
Best way to fund renovations on a flip project
what is the best way to fund renovations on a flip project (other than cash)hard money lender, line of credits, credit cards?
Igor Messano
Seed Capital experience
Hi everyone,I was browsing the forum today and stumbled on someone's post recommending seedcapital.com and reading about their program is got me interested. Does anyone have any experience with them in establishing cr...
Mike Montana
Interest deduction on cash out REFI
If you own a SFR without debt and REFI the property to cash out the equity then use the cash to invest in a syndication or buy another rental, is the interest on the loan collateralized by the SFR a tax-deductable exp...
Marco Werner
Construction near power lines
Hi all, I am looking to buy a property where I want to construct a 3-story ADU in the back of the property (replacing a garage). The challenge I am running into is that there is a power line right behind the garage. H...
Younness Dehbi
Input please, pretty please.
I was going to buy my first rental here in Houston, TX, I was going to put 20% plus pay closing cost on a 94K ranch style property, I'm about to put 30K to acquire this, I think this is excessive, I'm doing something ...
Sara Siri
Close of escrow for 1 week; home has major sewer line; should seller pay for it
Hi,We just purchased a home and closed the escrow recently. We moved in 3 days after closing. After living there for 2 days, there was a major sewer line issue. Both toilets and both bath tubs were also clogged (the h...