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...
Looking for the best way to finance single family houses as college student rentals. 20-25% down payment is no problem, but my lender seems set on doing a commercial loan - shorter term, higher rate, much higher month...
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. 3...
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...
Hi, I am hoping some bankers can lend some advice on this subject (but anyone can). I am trying to purchase my first flip and have run into so many good deals but can't get them because they are cash only. I am cons...