What are the pros and cons to pulling out a line of credit on a building versus refinancing? Wouldn't refinancing be more beneficial since you can individually pocket some of the funds tax free? I am aware that refina...
I am trying to find more lines of credit - I buy most of my rentals properties for cash, rehab them, then refinance so when I have multiple jobs going at once money can get tight, especially around tax payment time :)...
I need help with my operating agreements, I'm looking at the future and lets say hypothetically my investor wants to cash out early and needs his money soon, what do I do in this situation?
Another situation ...
So I put an offer on another property today that will be a buy and hold. It will need about $15k in rehab work. I would like to make a loan for the purchase price plus rehab to my business (an llc) from my personal ac...
I found a FSBO and am preparing to make an offer. Asking price is $65k and I have $40-45k cash available to put into it. Question is, how do I finance this? I would love to put 50% down and get a 10 year mortgage f...
I want borrow $50k per person from my family and friends with a Interest rate of 10% annually (distributed quarterly or monthly) to purchase and rehab a deal, stabilize the property, and put debt on it from Fannie Mae...
My mother passed away 2 years ago, I finally got the estate closed out and got my name on the title. The mortgage I am still paying is still in my mother's name but it has a HAMP incentive, so next year it will be fin...
I have been offered an opportunity to invest a fixed amount in a proposed flip, in exchange for a 50/50 split of the net proceeds. I would like to use money from a self-directed IRA to do this. I would be 100% hands-o...
Hey everyone , so here’s my story . I’m a Steamfitter out of Pittsburgh pa . And I’m looking to get involved in these rental properties . I know how to do all the work on the places myself. But I’m having a hard time ...
I have an opportunity to purchase a triplex with a partner. The triplex is occupied and currently bringing in positive cash flow. Since it’s an investment property, my lender told me we would need to put down 25%. My ...