Ron Gallagher
Best method/order of obtaining 3 mortgages/HELOCs so I get all 3?
I want to make sure I apply for 2 HELOCs and a 30 year fixed mortgage in the right order so I am able to get approved for all three. Here's my situation-- I currently have two mortgages that based on my current incom...
Nadav Ben Horin
Adding partners to a Single member / Disregarded Entity LLC
Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...
Kelly Byrd
Trying to understand commercial insurance on multifamily
I'm under contract on a 12-unit multifamily building and looking at insurance options. One thing that isn't clear to me is what types of policies cover various situations. I think I understand the basics of personal h...
Sage Jankowitz
Is it possible to obtain section 8 listings without a voucher?
Multiple wholesalers on BP tell me they obtain a listing of section 8 housing properties and then contact the owners directly. Apparently this is a great way to build a buyers list. However, when I went into the offic...
Shelly Scruggs
HELOC
I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
Jason R.
Need Advice on Owner-Occupied Insurance in Tampa
Hello All,I am a newbie and been searching through this amazing website for weeks. I am now under contract and about to close on a two-story triplex in Tampa where I'll live in one of the units.My question pertains t...
Stephanie Gomez Cook
Certificate of Occupancy - CA
I just purchased a property in Loma Linda, San Bernardino County with the intention to rent out the rooms in the house. I was doing some research on California Tenant Law and came across something interesting. Do any ...
Sam Bromano
204k loan owner occupied?
When obtaining a 203k rehab lawn how does the bank know you’re actually going to occupy it? Do they come and check?I’m looking at a rental property purchase that is a short sale and requires cash only or a rehab loan....
Jamie Ross
Is Financing a mixed-use (Zoned R2) Property different?
I have a property under contract, but the underwriter at my hardmoney lender indicated that since the bottom unit has most recently been used as a commercial property, that the appraiser will want to classify the prop...
Stefano Mannino
Business line of credit
When trying to obtain financing for an investment property , can I use my business line of credit for a down payment on a mortgage ? Also if a seller is looking to hold a 15% note on a property , how do I structure t...