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I am planning on buying a 4-plex in Colombus, Ohio in December. I currently have funds for a 25% downpayment in a brokerage account invested in low cost index funds. My initial thought was to liquidate the brokerage a...
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Realize most of the Chicago BP investors are keeping up with the news but just in case here's a recent announcement made by the Mayor's office working with the major banks in the area to provide relief to landlord mor...
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I have found a short sale property that is listed well below market value that I want to purchase with all cash. I am not sure the big national bank will accept the offer but thought that if I give an earnest money d...
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Investment Info:
Other buy & hold investment.
Purchase price: $3,000,000
Cash invested: $34,000
Bought 300 unit self storage facility for 3 million. Down payment was $34,000 and equity from anoth...
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My Self Directed IRA is purchasing an LLC from another unrelated (non-disqualified) seller, and the LLC holds a single real estate property ( a condo.) There is a loan on the condo, and the seller is personally respon...
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It came as a bit of a shock a few months ago when I contacted a mortgage broker about financing, using equity in a property to secure financing.... it is just not possible with traditional banks in Canada anymore.One ...
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I've been talking to a bank lately about refinancing some of my properties. One strategy I have thought of goes like this:
Partner pledges $130k in securities (instead of 100k cash) to secure a $100k loan. Th...
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Would anyone know of a bank or lending institution that would use notes as collateral to offer a credit line. I believe the term is hypothecate or asset based lending.
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We are looking into getting a private Investors Loan of 120,000$ with these Terms. We are calculating our repayments to be around 2700$ Would this be correct? Also we are not quite sure what point 3b means for us.... ...
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Good morning BP Family,I have been blessed enough to have a property paid off and a few others with considerable equity. However I am looking at the net worth on paper and would much rather see that in my pocket or be...