We have a 2 unit property under contract for 59,500. After going through the entire process to try and obtain a DSCR loan we were denied at the last minute. lender stated the entire property would need to be painte...
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
I have a 4 plex that I have 1.2 million in equity. I don't want to refinance, but I am hoping to find a line of credit to buy more property, need guidance and a reasonable rate, pleaseeeeee help? Please don't solicit ...
Good Afternoon, I'm an agent looking to help an investor who is outside of the USA; Foreign Investor. They are looking for a lender who would finance owned properties. Any tips or leads would be helpful. Thank you
I been buying multi family's Cash and i been cashing out of these properties through different vehicles however now i am intending on establishing a relationship with a Lender so i can buy the properties cash and pull...
Situation: If you believe that your mortgage company will come after you for deficiency judgement on a foreclosed home, you currently own and live in a multi family... The foreclosed home was a second home you purchas...
Have a friend who is looking to use his 401k as a down payment in San Diego. I saw that you can only bring out 50k max. Is that true? What are the pros and cons
Hey Everyone! I've been working through Brandon Hall's guide to the treatment of closing costs (link) while finishing up a refinance, and I think I have everything figured out except when he says that some costs are "...
Would you use Legal Zoom to form your LLC for real estate or would you use a local lawyer? Why?
Hi,I have two properties I bought and rehabbed with cash and want to do a cash out refi. Originally I planned on reselling them on the MLS but I would rather do a hold if I can refi them at a reasonable rate and get m...