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I am considering buying a small multifamily property using seller financing. The Subject property will need Some rehab. I am wondering if there is any way to obtain a construction loan or any way in general people can...
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Hi everyone,I am working with partners to purchase SFRs, rehab them, and then sell them. I would provide the bulk of the capital through my Solo 401k plan. I've been told by my Solo 401k guru that I can do this only i...
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So I have 2 duplexes in a city about a half hour away from where I live. My lease gives tenants a 4 day grace period to pay the rent. I always call the day before the first of the month and let them know that i'll b...
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Hello everyone im a newbie just getting started. Or trying to get started. Im trying to find ways to fund some of my deals I want to do. I bought a house that was a fixer upper and have about $66,000 in equity. I rece...
What is everyone's consensus on paying off rental properties vs leveraging to aquire more? I understand from an appreciation standpoint it definitely makes more sense to be leveraged, I also understand that my return ...
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I am ready to purchase my first investment property for the purpose of a buy and hold rental. Well almost...I am struggling to find a lender that will allow my newly formed LLC to hold a mortgage even with my persona...
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I'm working with a partner in an effort to acquire 8 properties to buy, fix and hold. When the same private lender is providing the funds for property acquisition and the estimated 3 to 4 months rehab costs what are t...
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Below is a letter I received from the bank I applied for 5% down conventional mortgage loan. Why they need this information and what this means to me? I have not received the form they want me to sign yet. Should I be...
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I am wanting to loan $100K to an LLC that buys, remodels, and sells houses. The borrower needs to secure the loan so that it can deduct the interest paid to me on its taxes, right?If yes, can the borrower secure the l...
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Hello All! New investor here. I’ve formed an LLC with 3 other family members, for a total of 4 members with equal ownership. We would like to purchase a rental property thru our new LLC, but know that since the LLC do...