Mackal Smith
About to Retire and Wondering about existing Commercial Loans
I have done pretty well with my investment portfolio so far. Over the past couple of years I have pulled together 15 units I own by myself in my company name (duplexes, triplex, and 4 plex) and I have another 10 units...
Dennis Standers
HELOC
Hello Everyone, I am re-posting this question to change the subject from HELC to HELOC so it will hit user key words. Thank you. My wife and I are trying to buy a duplex in our town. We already have a nice SFH that ...
James Myers
Trying to figure out a partnership
To partner or not to partnerMe:Two homes one paid off and the other leveraged. Need capital to buy more homesPossible Partner:No homes but a good amount of money and wants to get into buy and hold. He will be retiri...
John McCall
looking for advise and recommendations for hard money or dscr on manufactured home .
looking to put a manufactured home under contract in the next couple weeks. home is in a great area im looking to buy and hold. i do have other rentals and looking to grow the portfolio after purchase and rehab ill be...
Joe Bruck
Arm's length transaction clarification
Is buying property from your management company considered a non arm's length transaction?i'm in the process of doing a delayed financing exception and the lender is requesting that the purchase should have been a arm...
Kane Rickman
Possible Refinance Scam
I need some advice here on a refinance I am going through currently and to see if it could be a scam. I’m going through a broker whose number I received from the mail on a streamline refi letter. He has been very ea...
Logan Turner
Should I transfer title to my name for better financing?
Hi, I have a rental property in Texas with a 75k private loan. Property is valued at 145k. I'm looking to do a cash out refinance on the property. It is currently in my LLC and all the lending choices I have come acro...
Benjamin Z. Pickens
Tenants want to own, but....
Currently, I have 1 rental property that has a mortgage. The tenants are eager to own the property as there are upgrades they would like to do. I am working with them on a lease option. The catch is they seem to refus...
Justin Reid
Refinancing a car to get down payment?
I have a 2nd toy car that I have a loan on, but am equitable in. A property came up just a few houses down from my current rental and I think I can buy it right, but I don't have the cash for the down payment at the m...
Josh Turner
Different LLC's for Different Multi-Family Properties?
First time poster seeking legal input. I own a handful of small multi-family units, plus a few single-family rentals all listed under the same LLC. Considering purchase of an occupied quadraplex...from a legal stand...