Hello guys

I have a question for all of you seasoned grizzled veterans. On many of the podcasts I've heard that you can have multiple FHA loans open at the same time. However, every lender I speak with says that's no...

Hi BP Community - What is the general consensus on obtaining a construction loan vs. using a line of credit to finance property renovations? The current property requires some rehab, but it's an investment property, s...

I am negotiating my first deal (fix and flip) and need Proof of Funds. Here is some background...I've been going back and forth with a seller working through propoffer.com. The original list price was just over $100,0...

The question is, if I take a personal loan from my credit union for $20K, 7 years at 11%, would that preclude me from using it for a downpayment, plus closing costs? I plan to season the money for several month's, whi...

Hey guys, sorry if this is a stupid question but I could not find an answer to this through a preliminary Google search or on the search bar of this sites.
If my partners and I form an LLC and pursue to purchase a pr...

Anyone know offhand how a commercial loan on a property held by an LLC affects the individual shareholder’s personal DTI for loans to the individual? It’s expected the commercial property held by LLC will show a tax l...

Hello investors! I am fairly new to the real estate investing world.  I currently use my business to do fix and flips of properties.  I obtained several unsecured personal loans in which I used entirely for my "startu...

So I found a deal for 45k on a single family home valued at 75k. Since the home is under 50k I struggle finding a bank to finance the deal as an investment property. So I applied for a personal loan at 10.9% apr over ...

I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...

Hello BP family,

What are your thoughts on taking out a personal loan of $10K to use as a down payment to get started on RE flip?

Has anyone done this before?

What are the pros & cons?