Fednel Vilcant
loans
Do you have to have good credit to get financing from a private or hard money lender?.. And if I don't have good credit can I get a loan under my LLC?
Larry Dowde
Insurance for short term rentals?
We have a beautiful well maintained cabin in the mountains of Colorado and needing insurance. Lloyds has left the State, canceling and not renewing coverage due to fire danger. Any suggestions? What do you guys in ...
Meghan McCallum
Want to buy my first commercial residential property, help!
Hey guys, I'm looking to jump into the larger multi unit arena and really just don't know how best to analyze a deal. Gosh, I sound ridiculous saying that, but I've been buying MFs and SFs and I have the money and thi...
William Kyle Walker
Is this Fraud or Creative Financing?
I came a across a syndication deal that sounds a little fishy. At first it loos like the sponsor is putting in $440,0000 but after further DD it looks like he has no skin in the game at closing. He is raising $7.7m fo...
Clay Hartwig
If a condo president gets sued by tenants or neighbors. Risk?
Quick examples are. He puts up a fence around the water front so people won't go near his boat then calls it a construction area to keep people from jumping the fence. Cuts down trees not on our land. Routinely breaks...
Timon Citchen
In need of a Portfolio Loan
Came across a deal that the seller is looking to off load 5 properties (7 doors) for $125k yet the total appraisal came back at $263k, as is. 2 of the properties are below $50k. The properties are currently taking in ...
Michael Baradell
Lease Option - Option Fee
Hey BP!! I am in the early stages of setting up a lease option on a property that I own. Here is my question In regards to the option fee: I will be using an escrow company to set up and manage the lease option for th...
Jared Adams
Small mortgage lenders
Having a bunch of trouble finding any lenders who have a minimum loan amount around $50-65k. $75k for first timer means like $25-30k out-of-pocket for DP and closing costs, which is a bit out of my comfort range right...
Chris Lewis
Baltimore MD Row Houses
I need some serious input about what some of you think about these "opportunities". I'm trying to get started and I see these pop up all the time. They usually start out at somewhere around 8K for a total rehab and go...
Alan Kuczinski
WANTED: Creative Financing Advice for Beginner Investor!
Dear Bigger Pockets Community,I'm new to the World of creative financing, but I'm excited to get started. In theory, I would incorporate and find investors to fund the purchase of a single family home, in Massachusett...