Account Closed
Single Family Investors: New Long-Term Debt source (unlimited loans)
NOTE: I am in no way associated with any lender, including Lima One Capital. I am a residential investor.FYI: If you're a single family rental investor who has 10 loans or very close to 10, you'll need a new source o...
Kelen Weathers
New Property or Pay off Student Debt
So I own one rental property and I can cash out refinance and get $50,000. I'm a High School teacher and want to go from 2 units to 12 in the next 3-6 years. My wife has about $50,000 in student loans remaining. What ...
Mario Morales
I'm at a crossroads: should I refinance now or persevere and pay down another $40,000
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income. However, I'm burdened with credit card debt, a HELOC, and a personal loan. Despite hold...
Dianna Marble
Potential Renters with Items in Collections
Hello!We are in the process of screening new tenants for our rental property. I am beginning to wonder if there are renters out there who do NOT have things in collections?? To me, having accounts in collections shows...
Jacob Stevenson
Purchase ideas on portfolio
I'm discussing the purchase of eight properties with a retired owner. He sold a couple of his last year and one of his biggest concerns is not paying more taxes. He also wants around 180 k to pay off existing debt an...
Shane Evans
Pay large sum to mortgage/student loan or add 3rd unit and rent?
Hi everyone,I've been following along on this forum for quite some time and this is my first post. Thank you for your time. I bought a 2 family home in November of 2015 and live in one unit. (First time home buyer) af...
Matt Sora
Renting from your LLC
Is it possible to create an LLC, Buy Properties and place them in it, then rent it yourself from your LLC? What would be the benefits from this?
Parag Goswami
Is multifamily deal closing time reducing?
Spoke to a few lenders and apartment investors, I learned the average time it took to close a deal 24 months ago was about 90 days and this reduced to about 60 days in the last 12 months. Some deals close in as low as...
Dominika M
Canada - how do you finance your 2nd, 3rd...10th property
Hi all,
i'm setting up to buy my first investment property. Conventional financing is a little difficult. I'll make this deal happen, but i don't know how i'll finance the next property. I'm in for the long game - ...
Vicky Kalashian
Cash out refi, debt to income ratios and acquiring more loans
Hi all! We have a paid out rental that generates a net $1400+/mo that’s worth about $235k. We want to purchase a $140k fixer we’ve identified by using a Cash-Out Refinance of $170k (30 for rehab). ARV is like $215-22...