Hello Biggerpockets community,
I am a novice real estate investor. Currently house hacking my first property (a triplex). I have been very interested in forming a partnership due to my lack of capital to invest. I ha...
Looking for some clever ideas. I am trying to do a Second Trust Deed private loan in California. The borrower has credit union loans in first position. The covenants with credit unions are saying borrower can not add ...
I'm getting a commercial loan to purchase a property under my LLC. Since this is my first purchase, I'm being asked to list myself and my partner as guarantors. How will this impact our credit?Is there a benefit ( a...
Hi,Re: posting an "apartment available" ad (with regards to California law). ---- Is it legal to include minimum credit score requirements in the body of the text that the end users will see?"Minimum credit score __...
I have been shopping around for lenders for a 20% down DSCR loan for a new short term rental property. One of them told me that if I close the loan directly into an LLC (which he confirmed they can do), then it won't ...
Hi,I'm new to the forums and looking into purchasing rental properties. I do plan on keeping my current job while I get started.I'm currently reading the Bigger Pockets tax strategy book and it is very eye-opening and...
I would like to purchase 4 acres of wooded raw land that is zoned AG. It’s attached to the 12 acres I currently own. It’s $60k. I have $20k to put down and will need the rest of my cash for clearing and other plans fo...
Any REIs setup and building your PAYDEX? I was approached by a company that works asset protection, taxes and entity setup. For a fee they want to help setup and build my business credit rating PAYDEX score vs person...
hi BP, I haven't purchased my 1st rental property yet but after doing a fair amount of DD I think I'm ready to shop around for a lender. I think my credit is good enough to secure a mortgage. Had a few "hiccups" on my...
Hello all,I’m coming to write this to seek advice as to where to go from here. It’s a bit of a saga:We bought a property in Sevierville, TN for roughly $500k through a construction loan. We put about $350k (100k in pr...