Yoni R.
Got denied for a stupid technicality - Please advise,Really weird
I am purchasing an SFR under a conventional mortgage. I also currently own (100% ownership) a multifamily building which I have a mortgage on. The building is owned by an LLC not by me personally. Due to me being the ...
David Silber
Partnership/Lending Structure
I'm working on buying a 2 family rental with a money/credit partner. He wants a guaranteed return. He'll bring the down payment and the mortgage, and I'll pay him a personally guaranteed %15 return on his down payment...
Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
Let's say I already formed a new LLC that would be designated for REI. How do I get business credit strong enough to avoid having to personally guarantor commercial or residential mortgages through my business? Is th...
John Hauser
Financing Dilemma
Hey everyone! I have a rental building that I own with two partners, on the south side of Chicago. We own it free and clear, and it generates a profit of about $600 per month, and will about double when we get th...
Connor Bartle
Malicious Tenant Ran was for 2 months
Hi there,I recently was forced to evict a “tenant” from a home that I know in Royal Oak, MI. I use the work tenant is quotations, because the lease was not signed with an individual, but rather a LLC for a property ma...
Daniel Mills
Credit Card Churning Using Plastiq to Pay Your Mortgages
Hi guys,So, I pay around $5000 a month in mortgage payments for my SFH rentals. I was thinking that I could basically meet the minimum spend for sign up bonuses on cards if I use a company like Plastiq that allows you...
Josh Ridpath
Caliber Collision NNN Lease
Does anyone have experience with properties leased by Caliber Collision? Looking at listings around the US, they appear to have two business models: Lease a dark car dealership that has a substantial number of service...
Kathryn Knoblauch
SD 401K, LLC and financing
Hello Community, I have a Self Directed 401K and want to purchase a property consisting of two houses on one lot. The houses need some work but there is upside as the rents are currently below market and I've checked ...
Mike Wood
DSCR and Commercial Loan Question - 2+ unit Investment Properties
I have several duplexes that are financed with conventional 30 year Fannie/Freddie investment loans, but I have reached my limit (10). I am wondering how to proceed to acquire more properties. When I talk to my loc...
Justin Silverio
Personal Guarantees?
For investors with a business over 2 years old and who have a business line of credit or business loan, are you still providing a personal guarantee? I've talk to a bunch of local banks over the last couple of weeks ...