Tony Valle
USING A SELF DIRECTED REAL ESTATE IRA TO ACQUIRE INVESTMENT PROPERTY
Hello Forum Community!I am reaching out to those who have used a self directed RE IRA to build their RE portfolio.I would love to hear from others who have used RE IRA's and share some success stories!The basics are t...
Daine Smith
i need someone to look at pay stubs and bank records to determine
i need someone to look at pay stubs and bank records to determine if they are valid - I just don't have the experience to spot any ideas?
Gina Cresse
Borrowing against self-directed IRA rental property
Hi,I purchased a rental property with my self-directed IRA (all cash) in 2013 using an LLC set up for me by an attorney. I recently discovered I can borrow against the property to get cash for down payments on more r...
Michael Patterson
Operating agreement for LLC, bank requirements question
Hello,
I am a newbie to investment financing and am working with a local bank for an investment loan on our first SFR which is under contract. They are one of 2 local banks that will even touch investment loa...
Sam Kasa
Commercial loan under LLC, do member's credit get dinged?
We just formed a LLC with 5 members with 100K each with intention of applying for 2M loan. There is a bank that seems to be willing based on personal guarantees - asking each member to fill out PFS. The loan is going ...
Jacob James
Transferring properties to an LLC
Hello everyone,Not too long ago I posted that I was going to structure a partnership with my friend and that we are going to be investing in real estate together under our newly formed multi-member LLC. I knew from th...
Robert Granara
transferring property to LLC and personal guarantee
I am trying to find out if I can transfer property to an LLC for the purpose of lowering my DTI and lowering my debt on my personal credit report...And if the bank asks for a personal guarentee will that show on my cr...
Ki Lee
Refi and LLC for BRRRR?
When using BRRRR, if I acquire the property using LLC, I’d have trouble refinancing... I’d imagine that we’d have to get the property under personal name and then refinance. From acquiring the property to rehabbing ...
Logan Wilkerson
1st Time FHA Multi Family Questions
Hi everybody,I have finally gotten all my finances in order and am getting ready to house hack my first multi family. Several of the properties I am interested in are actually detached multi families (4plex across 2 b...
Anton Bieliauskas
HELOCs on MI Rental Properties
Does anyone know of any lenders that will do HELOCs on rental properties in MI? I was verbally told Huntington Bank would do it, but I've yet to pursue them. All the other banks I've asked have said they don't do this.