Joan Liut
HELOC to finance a house when lenders don't want to lend to llc?
We would like to own our properties in an LLC, but getting financing is difficult. We have plenty of home equity; has anyone ever just used a HELOC to buy a rental? Can you just give your LLC the borrowed money and ...
Paul W.
First time dipping into your cash flow for personal use ?
Hey folks I was just curious when you first dipped into your real estate income for personal use?
For example I have one rental property which cash flows pretty good each month but I have never touched that income f...
Mark Anderson
Hard Money Liability
Hi y'all wanted to know that liability when using hard money. Is the loan underwritten purely against the property or do I also have liability of my personal assets if it doesn't work out. Am I protected if my other p...
David Pollard
Refinance Rental Properties
Hi
I currently have 3 single-family homes that I have had for a few years now before the market went crazy in our area. I got the places at good deals and they would be worth quite a bit more.
I was just wondering i...
Ti Jackson
Financing my first deal
Hi, Quick question - how did you finance your first deal? I am in the process of looking to flip my first home and would like to know how you financed your first flip. Additionally, has anyone done a hard money loan? ...
Johnna Lodge
How to sniff out a scam for use of funds?
I have been active on the internet lately promoting some properties.I received an email asking if i needed use of funds and for what for from a direct internet connection.I responded with:Transactional funding use of ...
Scott Loud
Uneven contribution in partnership
Hello, I’m sure I’m not the first person to ask this but I could not find an existing post after going a few pages deep.
How does one structure a partnership where the partners may be contributing an uneven split of...
Clint Galliano
McKenna Capital - Experiences, Reviews, or Recommendations?
Anybody hear of or have experience with McKenna Capital? They appear to be syndicators for multifamily & storage unit facilities.
Jake Zimmerman
Pay off mortgage or rent
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
John Vo
Tenant Ask Landlord to Supply A W-9
I received one of the strangest request today. My tenant called me and asked me to supplied a W-9 to her so she can give it to the charity that is going to help her out with her rent. As this is a head scratcher, I lo...