I was wondering if the BP community can help me understand or advice me to how I would be able to refinance a house if I have no job? It's hypothetical. I'm employed now for 8yrs and I just started my paint business. ...
Hi all - first post here so bear with me, I’ll try to keep it concise. In short, I’m preparing my finances here to put me in a position to purchase an investment property. Due to new COVID-19 developments, it’s my und...
Good Morning Biggerpockets!It has been ages... too many times over the years have I popped up in here full of gusto to have plans and finances change forcing me to back out of investing notions for a while. I told m...
Hello All,Recently I have been warming up to the idea of becoming a private lender. However, I've noticed there isn't a ton of actionable content out there on the internet, or at least any that I can find. If anyone h...
We are looking at our first commercial property, triple net lease. We have an LLC that we quit claimed three properties into. We probably have about $400-$500K of equity in those properties. Can the LLC get a line ...
Hi All, I don't know if this is a big problem on BP but I know of a LOT of cases where its happened in my FB groups. PLEASE beware of lenders with "gmail" addresses (mostly) saying they can get you 4-5% loans for your...
I am looking for ideas on getting some private money. I have 12 unit rent controlled property in Los Angeles (Glassell Park 90065)
value $3.6M at
Total rents - $21,400 - $256,800 annually = not 1 late through covid
...
I have an LLC that is 6 yrs old but has never been used. I have an EIN and a DUNS #. My question is how and where can I go to start building a cash business line of credit of at least $50,000?I have been online look...
I moved to a new area and am having a heck of a time finding a hard money lender for my rehabs in Clovis, NM (pretty meek military town, but we do have a Chipotle!). I've spoken to some small local banks, which have ...
I own 2 properties in Oakland and both mortgages are paid off. I'm looking to rehab both homes (need extensive work, no quote yet) to increase their ARV and sell. As an owner of an LLC, would it be in my best inter...