Jonathan McGarrity
Compensation within an LLC
I recently started an LLC with two partners. I'm long distance and they are both local. I am evaluating deals, providing the capital and securing lending. They are visiting prospects, rehabbing and managing properties...
Ann Covey
What I need to know about an ASSUMABLE MORTGAGE!
In looking for my next investment I came across a property in Florida that has an Assumable Mortgage. Now while I am aware of what this means I am curious what the real scoop on these are. Pros vs. Cons and what did y...
John Cassel
Deal in danger/financing issue
My brother and I are currently have a contract to purchase a triplex in our area for $134k. We are planning on doing conventional financing at 75% LTV which makes our down payment and closing amount around $40k. Ori...
Sam Mathew
Line of Credit on Investment Home
Hello Bigger Pockets Members,I am seeking advice if anyone knows how I might be able to get a line of credit on a market value $500k home that is in Michigan, but I live out of state in Florida. Only seeking a line o...
Aaron Rowzee
Keeping Private Money Organized, Utilized, and Paid On-Time
Good afternoon, folks. First time poster here trying to figure it all out before I jump into the pond. I have a few buy-and-hold prospects with good leasing margins, but I don't have the 15-20% down for a mortgage on ...
Patrick Schmidtlein
Cash Out Refinance in LLC with Private Money Lender - Can I draw my equity out
I purchased a single family property in cash last year and am considering a cash out refinance. I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...
Kevin Boyd
Refinancing SFR investment properties.
Who has the best rates for refinancing SFR investment properties? What is a good rate right now? Is it possible to take cash out? I have 5 or 6 I'm interested in seeing what options I have.
Gavin Pelkington
Mid-Term Rental Partnership
Looking for advice!
I am considering creating a entity involving me and two others. One of the partners has the ability to completely fund the deals and has enough reserves to pay all cash for multiple properties but...
Michelle Herbst
Primary residence with ADU: Any loans that count ADU Income?
I'm looking to purchase a primary residence with an existing ADU in Contra Costa county. Are there any loan programs that will allow me to count the ADU rent as income to help me qualify for the home loan? Or are th...
Tony Gunter
BRRRR Long Term Financing (Georgia)
Hello BP Family,I am looking for lender recommendations from people who have closed cash out refi on BRRRR properties. Properties in Georgia Commercial product for property(s) held in an LLC75% or more LTV - CASH OUTN...