So, you've formed a new LLC, gotten a new EIN number...now what? Can you now, at this point (even though you haven't yet sold anything in your business) apply for and receive substantial amounts business credit for t...
Hello BP!Any recommendations on where to apply for a HELOC? I currently have a rental Condo with 232k owed but valued at 400k+ in CA.Looking for a rehab rental properties in AR/TN and want to use a HELOC for rehab cos...
An FHA loan is a government loan through Fannie Mae that is mostly geared towards first time home buyers. Some lenders vary on minimum credit score, avg being a minimum of 620 credit score3.5% downDTI ultimately up t...
I have an investor who wants to help get us off the ground with the brrr method. He said he will invest 300k but he doesn’t want to be personally liable on the loan. The problem is I don’t have an income yet, how do I...
Hi, I am new to the concept of holding notes as I am contemplating offering my property with seller finance. I have a property I would like to sell for 30k. If I were to receive money down of say 10k (probably less) ...
I am looking at a duplex, can someone suggest a lender in Ohio that would be a good fit for something such as this? Also, what rate should I expect best case currently on a duplex assuming best credit? Thanks in adv...
For non owner occupied / Conventional loans do I have to put down 20 % or 25 % ?
Hello BiggerPockerts family. I'm new to the BRRRR method, what are the requirements needed by a hard money lenders to fund a project. I'm looking to invest in Ohio state.
Trying to get some insight on my first rental.I am under contract on my first rental. The property is a SFH located in Lebanon, Tennessee just east of Nashville.After the rehab of the property I would like to advertis...
Lily has a house worth 600k with no mortgage. Will a bank lend Lily the full 80% in a HELOC, or cap the limit? Will Lily's DTI affect how big the credit line is?
Thank you!