Henner Mohr
Transfer LLC... be careful...
When times were good many newbie investors would buy property from banks promising that the property would be "owner-occupied" meaning the bank would give the new owner a better interest rate since it assumed that per...
Jimmy Lin
Cash out refinance for LLC owned property
Hello BP. I would like some advice on securing loans in the name of a LLC. I currently hold a property in Philadelphia. Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant. I ...
William Coet
Assuming a Mortgage as a Solution To Raising Interest Rates
Hello,For a mortgage with a regional bank, can it be assumed by the buyer so that they can keep the lower interest rate (4.1%) instead of having to make a new mortgage at 6.5%?Thank you
Michael Osborne
0% credit card transfer to pay off personal loan
I purchased a rental property in cash (half personal funds and half using a 48 month personal loan from discover at 7%). I just got an offer from Bank of America for a 15 month 0% $0 balance transfer. I am currently 6...
Anthony Kondor
How can I get the downpayment
How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.
Justin Li
Loan implications of putting your property in an LLC
Reposting this here because I got no love in the Starting Out forum!By way of brief introduction - my name is Justin and I'm an out-of-state real estate investor, currently focusing on single-family and small multi-fa...
Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
Toan Hoang
transfer properties with mortgage to LLC? Does this work or BS?
There are many discussions on this in various forums so I apologize for the redundancy of this post. However despite all the blogs I still dont feel like I got a straight answer. Maybe there is no straight answer but...
Eric Chappell
Financing Rehab with a Balance Transfer (Credit Card) DFW
So, there are obviously a swarm of different lending companies out there, all of which seem to have varying points, terms, and interest rates. As I have been exploring private lending, hard money, and conventional lo...
Anthony Vaganos
DCSR vs Conventional with transfer tax
Hi all,
First time post as I get ready for my first investment. For the PA investors out there or maybe in other states with high transfer taxes (2% of property value). Curious on whether you've found the math more f...