2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
I wanted to have a discussion with regards to recourse loans. I'm referring to loans (usually construction or acquisition) that you get from a lender that require a personal guarantee. In the even a particular proje...
Hello,
I'm looking for a reputable hard money lender to invest with, just not sure where to begin with so many out there. Any recommendations on a few reputable lenders that offer a high ROI to investors?
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Newbie investor here. I was talking to my CPA on possibly taking a line of credit on my primary residence to fund my rental property purchases, which I’m planning to do through a LLC. She said with HELOC, technically ...
I have a mortgage in my sdira. I am interested in having my sdira take a loan from a bank with the mortgage as collateral. Is this allowed ?
Hello!The wife and I purchased a home in Feb of 2020.We formed an LLC in September. We haven't set up an account yet but when we do, we are thinking of bringing on some members so we can fill that account with some ca...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Des Moines.
Purchase price: $725,000
21 Apartments, 1 commercial warehouse, 3 acres of commercial land all part of 1 parcel
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Hi,I'm working with an LLC that is looking for a $1M non-recourse loan against a $2.6M commercial property. Is something like this possible? They could also take it against the portfolio of properties (residential and...
Has anyone used FCI Exchange, and if so, how did that work for you?
Is a non-recourse portfolio loan a thing? I am asking because I have a few buildings that we purchased using normal bank financing which that we would like to transfer into a portfolio loan. I know non-resource only a...