I am new to investing. When you are applying to get business credit cards and the bank ask to use your personal SSN is this only to hold you reliable if I default or does it weaken the LLC by allowing someone to "brea...
HI all,I'd like to get some feedback of partnership strategies.I have been buying for cash for my own portfolio and I now have some folks interested in partnering on deals with me.Since i have to move fast when I find...
Should I use a private money lender or pull money out of my current investment property to use as a down payment to purchase my first commercial multi family (5-10) unit property in Sacramento, Ca? I've just spoken wi...
BP Nation, I'll take any advice on the following. Buy and hold investor here. In 2015, I sold a rental which turned into 3. I bought a duplex on a conventional loan, then bought 2 separate lots outright to build on in...
Hello All,I am looking to invest in multi-unit investment property. My concern in today’s market is finding a good deal. I plan to use money from a HELOC for a down payment to invest in the multi-unit. My concern is t...
I'm desperately searching for a financing option for my spec homes that will give me better terms than the 10-12% interest plus $10k closing costs that my current HML is giving me.I tried doing buyer-financed, but the...
Great credit score 793 and the local bank (who I thought would give me the best rate) came back at WSJ (7.50) plus 1.65. I work so hard on my credit and I’m surprised I can’t get something near 8%. Any suggestions or ...
Hello, I have a $2 million deal for 34 units that is roughly a 9 cap with upside if I bring the rents up to market.I need about $400K and some reserves to close the deal but I only have $100K line of credit. I think...
How does commercial underwrites calculate DSCR with no direct way to verify NOI? I want to purchase an off-market, single tenant, and vacant bank building but there is no rent roll. It was originally built by the ban...