Currently renovating my first BRRRR property and looking for a bank that will let me cash out 75% LTV without a 6 month seasoning period...anyone have someone local I could use? I'm getting no's everywhere. (some nati...
I have an idea, because financing 1-2 properties per year isn't cutting it. Can I do this?Here is a scenario:Rental property sale price- $50kCash required to finance- $15k (Down payment, appraisal, inspections, closin...
Hi all! I'm currently looking at an apartment building where the purchase price is around $1.25m. If all goes well, the plan is to purchase the property through an LLC.I spoke with a commercial lender the other day an...
Would you give your routing and account number of your bank account to your tenants, so they can deposit their rent straight into your bank account?
I have been shopping around for lenders for a 20% down DSCR loan for a new short term rental property. One of them told me that if I close the loan directly into an LLC (which he confirmed they can do), then it won't ...
Looking to get some creative idea's for financing. I've talked to serveral HML and they require min 660 FICO and 20 Percent down. I see alot of people making deals flipping houses using "no money down" :roll: But it...
Just started doing business and would like to know how to get business loan for my property that I have found.
Hi, I’ve been learning for years about REI, have great equity on my home, decided to apply for a HELOC but before wanted to hear some advice about who offers the best product. I’ve read about BofAmerica as the best on...
Hello everyone,
I am currently looking into buying a property that needs some work done on it. I haven't seen the property in person but I will be seeing it in the next day or two. especially because my last deal did...
Is anyone having issues with BOA and Wells because you are taking title in your corporation or llc? Bank of america countered with something like "because the buyer is an LLC we are countering with 154k" and told my n...