I have a potential partner and this is what we are thinking. Each of us roll traditional IRA's of the same amount of money (say $100K) into new SDIRA's. Each of us also set up new LLC's. My SDIRA lends his LLC $100...
Need help.. I would like to get a loan. But i have one red flag. My credit is good over 670 and no credit cards or loans. Im told I have to wait because of the red flag? Is this true?Please help or guide me.. Thank you
I’m courious about this company as it appears they have a really great looking website and affiliate program.. as we know a great looking website is easy to do now adays.. I called the number and it’s a google voice n...
I can find private and HML sources all day long but the issue I consistently run into is the minimum loan amounts exceed what is needed and the value or purchase price of the properties.Does anyone know of lenders tha...
I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs. Would those count towards the four they want to allow?
Hi BP Friends! If you are doing 10+ deals a year, how are you financing your down payments?Are there other creative ways to raise the money for the equity? We have 7 years experience and proven track record, construct...
So I own a rental property here in Denver. It has between $250k-$300k of equity in it at 3.25% interest rate. I gross about $1,200 a month after I pay the mortgage. Mortgage is $2,500, rent is $3,750. I'm looking to p...
Hello All,
I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get...
My wife and I are in the rental market and we were looking to expand our portfolio. Last January I met a flipper and we began to visit about their business. We talked multiple times over the next few months. In March ...
Morning all,I am thinking about lending on a private money opportunity in the Tulsa, OK area. The investor has already purchased the home, done a few months of work on it, and needs money to finish rehabbing - asking ...