Account Closed
Do I really have to sign a personal guarantee?
Expect to get a hard money loan without signing a personal guarantee? Not likely. Here's why...Lenders want to know you are personally involved and have a real desire to see the project through to an exit.There are ma...
Justin Burns
Acquisition Strategy
Hello All,I am a new to REI, in the sense that I have not done my first deal yet, but I have a plan. I am also soaking up additional information here and planning my networking process, but had a couple of questions....
Calvin Strain
How do you run YOUR numbers?
What is the formula you use to run your numbers on a flip? I was recently listening to a BP podcast and Brandon talked about how every property has a number. How do you calculate your number?
Emmanuel N Okafor
How can I use equity across 11 res units without refinancing each
I have hit a brick wall in my real estate investment business. I have maxed out on rentals I can finance. I currently have 11 rentals. One is fully paid off and I just moved into a new primary house with my family. I ...
Ryan Bird
Commercial umbrella vs personal umbrella for LLC
Today, I have a personal lines umbrella policy for myself. If I start a new LLC, do I need to take separate commercial umbrella policy? Or is it possible to add LLC in the personal umbrella policy itself?
Jon Dawes
Take Two! DSCR loans for newbie investor w/downpayment but maxed out DTI
Hello! I have (had?!) a plan to refinance our current mortgage as well as get a HELOC. Apparently our DTI
is too high for the HELOC so we can do a cash out refi but that is less
desirable because it means we canno...
Beau Fannon
Is this possible? How can he make it work?
I had a great conversation with a gentleman this morning and I'd like to relay his story to see what y'all would suggest he do.Bought a 3 bed 2 bath 1500 square foot Ranch with good proximity to downtown 6 years ago f...
Willi Schweizer
Wanting to start investing in real estate, BC Canada
I’m really interested in real estate and want to start buying and renting. Need advice on how to get started, maybe step by step, what to look out for etc.
Robert Gibson
Investing in West Dayton Ohio and Getting 2%?
In my brief analysis of the Dayton area single family home market, I don't see any way (short of getting a super screaming deal) of getting much greater than 1% (rent/appraised value) other than in West Dayton area. ...
Account Closed
Leverage: Are we doing it right?
My wife and I own a couple of properties in Los Angeles (1 single family, 1 4-plex). After many, many discussions, we've decided to use our resources and move forward in expanding our long term portfolio and purcha...