Borrowed money from a friend for a business.. its under an LLC. Company not making enough money right now to pay him back,, How do I start repaying him back with my own money, then later reimburse myself from the LLC?.
I'm trying to acquire my first rental property in Cleveland, Ohio but am having trouble finding a lender to fund an investment property under $50,000. One specific property I am interested in is listed $29,000 but I s...
Hello BP community! Hope somebody could enlighten me with my situation. I purchased these properties with personal loans. My question is, how should I tackle these loans?The values of the loans are as follows:A. 35K 1...
I have excellent credit and I've been getting offers from various companies to take out quite large personal loans. For example, SoFi sent me a pre-screened offer for a large loan at attractive terms. But their rules ...
Hello everyone, I’m looking forward to securing my first property this year and as a thought experiment I’ve been thinking of creative ways to finance properties, and I wanted a second opinion. What do you think of th...
I own a home and my parents want to pay off the remaining mortgage with a personal loan. They are not on the loan or tittle and will not be on the title afterwards. Is this possible to do instead of me refinancing?
Hi,Can you please advise which is better to lower my credit card debt with higher interest rate around 20%. I am considering options like HELOC Vs HELoans Vs Personal Loans. Any other better options out there? Any goo...
As creative financing and how to get financing is a popular topics on this forum, I thought I would share. I am closing Friday on a condo in Columbia, SC using a personal loan. The entire loan application process to...
Hello, all! I am currently in the process of refinancing my 4-plex along with buying two more rental properties. All of these loans will be in the name of my LLC (and the properties will also be owned by the LLC) rath...
My hardmoney lender told me placing the hardmoney loan in my personal name, refinancing with the bank, and then transferring title to my llc is the best way to go about a brrrr in Texas, as it allows more exit atrateg...