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Hi, everybody, we are private lenders. in the past, we have been lending out using our individual names as lenders as well as our LLC as lender. Now I have a new lender (who just started) asked me what are the pro and...
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Does commercial mortgage appear on individual credit report if personally guaranteed?And if there was a foreclosure on that property would that appear on credit report if personally guaranteed?
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Investment Info:
Condo buy & hold investment.
Purchase price: $174,000
Cash invested: $174,000
1031 from a property in Colorado. Purchased 2 units in the Dunes Resort. This one, unit 244, and ano...
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Question - would love to get a lender's perspective on this...We have 3 partners that each own a 1/3 interest in our "rental business", but we do not have a formal partnership agreement or an LLC or a Corp set up. So...
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Hello all!
Wanted to introduce myself as well as let everyone know what I am involved in/goals. I am investing in the k.c. Area and looking to build a team, and create an llc to protect assets. I am intereste...
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BiggerPockets Members,I am new to bigger pockets, I have become fascinated with the practice of real estate investing and would love to hear from anyone who is experienced, someone who would be willing to exchange mes...
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I would like to buy my first investment property. I currently own my own home. I want a 4-plex, but I don't qualify for a loan because the cost is too high given my debt-to-income ratio. What are my options here? I ca...
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I have a meeting to put two homes under contract for 45K. I plan to get funding from a hard money lender. The neighborhood is in the lower end of the city but there are properties that have been bought and rehabbed...
I have an individually deed 5 unit property. As this is a 5 unit, I intend to get a commercial real estate loan.Would these individually deed properties each could against Fannie Mae guidelines as well? Would they cou...
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Hi everyone! My name is Kyle and I just moved to the Bay Area very recently.
I'm just starting my career as a real instate investor but have some ambitious plans.
I have been lurking on the BP forums f...