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Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
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Hello everyone,I am a new investor in the Kansas City area. I am currently working to find the money to fund future deals. I found a company called Seed Capital and they referred me to Black Onyx Lending to get a li...
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Owning properties in my personal name makes me a little nervous, but the financing terms are just so much better with residential financing for single family than commercial.
Anyone on here, have you actually had yo...
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For those experienced in private lending: This question was posed to me in my membership group from an investor:What strategies have been most effective for scaling your loan volume to $5M+ per month? I'm particularly...
When you run the numbers like this guy did, you can see why Zillow has gone down in flames. https://sellhousecashaz.com/zi... "“In Phoenix, 36.5% of properties currently for sale were listed below their purchase price...
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I can't count how many times I have heard that:$-credit doesn't matter, it's the deal$-no one checks your credit in this game$-It's so easy to find lenders no matter your credit history$-Hard money lenders care about ...
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I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
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I noticed some BiggerPockets members asking about the rising cost in lumber and plywood, and given my background, I figured I wood (haha) weigh in on this subject. I currently work for a lumber company and I primarily...
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Hi guys, new to the forum. After reading one of Brandon’s books, I’m looking for anyone who’s successfully done a 203K mortgage (multiunit if possible) that I could hear your success Story, or If there’s a bigger pock...