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Results (8576)
Joel HusVar Need help understand why I can't get financed
8 April 2008 | 10 replies

I'm tring to get financing however everyone is shutting me down. I've called wells fargo, hsbc, citi, ect and I keep getting the same answer. They will not finance a 2 family property to a LLC; only commercial. They w...

Account Closed What do you do to protect the legal integrity of your LLC?
20 May 2012 | 9 replies

I have created a LLC for holding a piece of rental real estate in Florida. I want to make sure I take the proper steps to keep my LLC as a separate entity then myself, what should I do other then the steps I have list...

Trevor DeSimone Promissory Note Written to Investment Group
21 September 2023 | 15 replies

Investment Info:

Single-family residence private money loan investment in Garden City.

Cash invested: $52,000

This is the second time I've acted as a PML; the connection was made on Facebook of all place...

Jeremiah Williams Business Credit cards and personal credit
1 December 2021 | 4 replies

I am new to investing. When you are applying to get business credit cards and the bank ask to use your personal SSN is this only to hold you reliable if I default or does it weaken the LLC by allowing someone to "brea...

Michael Hayworth Selling non-performing non-mortgage note?
25 August 2017 | 3 replies

I own several businesses. I sold one of them for $400K a couple of years ago, took half down and seller-financed the rest. The buyer made payments for a few months, ran the business into the ground, and stopped paying...

Account Closed What's wrong with signing personally?
17 June 2019 | 9 replies

Hey, I was watching on Youtube and It was saying "if it goes bad and you can't get it better no mattee what you do you cant get the rents up you can't get the building turned aroud.. You walk away with 40k. At the end...

Logan Zanki Building company credit to buy real estate
5 February 2014 | 30 replies

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 ...

Dave Pl Avoiding personal guarantees on large properties
12 November 2012 | 6 replies

Let's say you're looking at a large property (a suburban midsize mall), in the $30M range. If you have $6M cash, what are the odds of having a bank or broker finance the remainder -without- a personal guarantee?

I s...

Ademola Dawodu DSCR Loans and Personal Credit
14 November 2022 | 12 replies

Do DSCR loans used on property purchased under a business name show up on personal credit? I’ve heard that they don’t but then I’ve also heard that they can if you miss a payment.

Jack B. Which High Yield Savings account for cash?
16 August 2018 | 7 replies

The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...