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I am getting ready to start my first rehab project and wanted to know if any STL investors use certain banks for business lines of credit? If so what are some of the requirements and what are the benefits?
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I'm fed up with Capital One. They've literally taken hours of my time, every time, to open security accounts, and then screw them up most of the time due to poor training. Then I found out they have a system for bigge...
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I am looking for a line of credit maybe $30k - 50k but that will increase over time as the relationship builds. I'm having trouble finding a bank to offer a line of credit because a lot of my business is done in stat...
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Hello All, So here is a difficult question, How do Americans borrow money from German Banks? Usually Mortgage lending is closely tied to National Government bonds. Well the German bund(bond) is at never before seen...
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Hello,
I've been hearing over the past few days that buying "subject to" now days is very risky. That banks now more than ever are really cracking down on this type of thing and calling loans due. I don't really se...
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Hi guys, I have always worked but would like to stop at one point. Would it be still possible to buy real estate through conventional methods without W2s?Lets say one makes 100K in a corporate America on W2 (which is ...
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My first post, so please bear with me. I have a rental property in Texas. I set up a LLC last year but yet to deed the property to the LLC. I've set up a bank account for the LLC and started using the LLC bank account...
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Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that ...
Hello, me and a group of about a dozen friends are going to form an LLC to pool our money together to purchase some rental properties. We should have a decent amount of money between the group of us, but it won't be e...
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Has anyone on here used company credit to buy real estate? I've been talking to a company that said they could get me a company line of credit for 50-70k with in 6 months.
I was thinking what if I used the company ...