John Pruner
LLC questions - getting mortgages and transferring property in/out
Hi,I have a few LLC-related questions.If I own a house with a mortgage, is there any easy way to transfer that house into an LLC?If I go to a bank for a mortgage on an investment property that I want to purchase, will...
RC Dimalanta
[Calc Review] Help me analyze this deal
Hey Everyone, I'm new to doing calculations, but I want to get better and find out what I'm missing when I'm looking into some of these deals. To give you guys a better picture let me explain how I got to these number...
John Horner
Banker told me SFH rentals are as bad as printing companies
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
Di Ye
Crowdsourcing loan rates
Hey everyone - new to BiggerPockets and excited to be here. This is my first question ever posted here - is there something out there to crowdsource loan rates people are getting? I spoke a loan originator and they me...
Andrew Jambor
Options For Refinancing a 6 Family Property
Hi Everyone,I'm looking to refinance a 6-family property in Connecticut. Not sure what the current rates are, but I wanted to get some ideas on what is out there. Does anyone have suggestions on where what's available...
Brian Jones
First Meeting With Bank
My wife and I are new to investing and looking for your advice. We have an appointment with the VP of a local bank on Monday. What sort of information should we take and what questions should we ask? We're interest...
Mason Yost
Loans for House Hacking
Hello all,
I have been immersing my self in real estate knowledge to prepare to pursue a house hacking deal this spring as my first property. I am planning to use an FHA loan and put 3.5% down. I have questions about...
Nathan Frost
Cash Out Non DSCR Loan
Hi, my banker said - We are needing a minimum extra $20k in cash flow in order for this to debt service at 1.25x, which is the industry standard lowest it can be to approve loans, your's now is .98x. Is it possible t...
Jason Staine
recommendation of banks for Solo 401k checking account
Not having an easy go of finding a branch that can hold a checking account for our solo 401k. we are in North Jersey. Any recommendations would be great.
Dana Revallo
Refinancing 4 plex on income approach possibilities
I bought a 4 unit building last fall in the midwest for $245k. Gross rents are almost $4k/month. My mortgage is at 4%, I put 25% down and put an additional $30k in to it and replacing floors, repainted all interiors ...