My business partner and myself have been attempting to separate for well over a year, waiting on properties to sell. I want to leave the LLC all together and he'd like to take it over. I refused to "subject to" the pr...

I'm 23 years old and I am trying to make up for some past mistakes I made right out of high school.  Such as: becoming a delinquent with one of my banks, non-paid payday loans, and a car repo(Yikes, i know).  No one t...

I have an appointment tomorrow afternoon with a commercial loan officer and want to be as prepared as possible so as to not shoot myself in the foot.

Here's my situation:

I am in the middle (in underwriting) of buyi...

Hi,I am actively trying to purchase my first investment property. Are there general requirements for obtaining a loan? - (ie. Certain credit score, cash on hand for down payment, etc)

Hello,I am hoping someone can give me some insight on this. I want to have the cabinets and countertops replaced in my rental property. I was going to do it on a credit card. Will this effect my refi and will the appr...

Hi all,I have an ex-tenant that owes back rent and damages after they left that the security deposit doesn't cover.I read some forums here and am getting some mixed signals on the process of collecting debt.The way I ...

Hello, our tenant unfortunately passed away and we’re trying to understand the legalities of taking possession of our rental property. We were contacted by the tenant’s daughter who informed us that they would remove ...

Hey guys, I was hoping to get some advice on a contract I have. I've approached an owner whose home is going to tax deed auction next month. They've agreed to sale to me and signed a contract, but would like to stay a...

Hello,

I'm just starting out. My husband & I had 2 houses, one of which we were renting out. We got divorced & both took one house.

I'm working to get debt paid off that I accumulated while also being laid ...

Can someone explain how personal guaranty works on a commercial investment? LTV is: 70/30 6 partners and each is ~16% ownerDo all partners have to sign a personal guaranty (PG)?If we sign a PG and the business can't m...