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Let's say I bought a duplex with a commercial loan under an LLC now and rented it. And then at a later date live in one of the units and make it my primary residence, can I refi into an FHA loan? In theory I would do ...
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Hello BP,I was wondering when does one actually create their LLC or corporation. I'm looking at my first deal to purchase at the moment. Should i already have a LLC in place?
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My problem is I rehabbed the property with my own funds. Purchasing the property on rent to own contract (3 years) . Work completed and rented out for 900 a month. Now that property is complete. Problem is lenders ask...
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seeking commercial lenders in Maine for a multi family purchase
I trying to purchase first commercial building, approached a company name Guaranty Loans they are in Phonenix Az , guy name Casey James did application, but then I read on app it said loan fee had to paid upfront bef...
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I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are an ...
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Hi BP!One of the most valuable resources I've used in my short investing career is seeking advice from people on BP that have gone through the same milestones I am trying to reach! I started my journey during the summ...
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Hi BP! I have a quick question to ask about Finance. We are almost at the point that we will reach the 10th conventional mortgage. Please give me a few names of the local banks, union credits etc that you would recomm...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Alvarado.
Purchase price: $1,050,000
Cash invested: $250,000
Acquired this 15-unit property in 2021 for $1,050,000, ...
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My goal is to become a Multi-Family Syndicator in as short a timeline as possible. By "short timeline", I simply mean the quickest path - I understand this is a complex industry where an established track record is a ...