Travis Bagley
Personal Loans With LLCs
Hello BP,I currently have a personal loan lined up with a trusted party. I've done a personal loan before and have a promissory note drawn out and agreed upon interest and repayment terms. The intent is that this loan...
Kim Frantum
Personal Loans or LLC
I'm a new investor preparing to purchase my first investment property soon. Eventually, I would like to place my properties into an LLC, but for now I feel like I need to purchase my first property the conventional wa...
Jamie Brasseal
Personal Guarantee from Borrower
In addition to a Cognovit Promissory Note, I have a Personal Guarantee from a borrower who has defaulted on a loan. I have already initiated foreclosure proceedings.
Does anyone have experience using a Personal Guar...
Vidit Maini
Protection of personal assets
Hi All,I am looking to start my first very low investment business. This would be under an LLC and initial investment needed would be a personal loan to my LLC OR booked against an LLC credit card. I have some persona...
Ian Kisbert
Personal line of credit
After speaking with my local bank, I am able to qualify for a $25k personal line of credit at a 13% adjustable rate. Has anyone had experience using a personal line of credit when creatively financing deals? My thinki...
Theodor Kim
Personal Ownership to LLC
Hey all! I own a house hack/roommate/pad split home in Central Florida that is under my name but I structured the home like I would a multifamily and am able to get actual cashflow after expenses. I have been meaning ...
Jack Sheehan
Personal Net Worth App
Hello, I was wondering if anyone knows what Personal Net Worth Tracking App was recommended on the money poscast? I can’t remember which episode I heard it on. Any other apps that you all like to track personal net wo...
Kenneth C.
Eviction of Disabled Person
BP,I have a tenant in Philadelphia, PA. that is scheduled to be evicted by the Sheriff within the next several weeks. The caveat with this eviction (at least from my perspective) is that the tenant is sickly and will ...
Seyi A.
Sale/Leaseback personal residence
Hi BP,I've been considering selling my personal residence to free up some liquidity and then leasing it back for some period of time (say, 6-12 months). Would I be correct in thinking that to an investor, this would ...
Matt Morales
Personal VS LLC clarity
Hey y’all, I am closing on my first property in a couple weeks. It will be in my personal name. I have a few questions that I’d like to get answers on because EVERYTHING I’ve read/ heard is clear as mud!1. The obvious...