If I set up a LLC does a bank generally see that there is no credit history or do they go off of my personal credit?
How do I get a loan of they won't use my personal hx?
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Hello BP Fam,I am a new investor looking at what could be my first deal. The property is a 2bd 1 bth shell in Philadelphia, the seller was asking $26,000 I was able to talk him down to $18,000 due to repair cost and a...
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So let's say I have $X to lend. I've been happily lending it out at 10% with no points. (And no, I'm not looking for new borrowers at this time.)If a friend has his own lending business, where he is lending at 12% + 4...
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Fellow BP-ers,
I was interested in hearing from those who have used Small Business Loans (unsecured loans from Fannie Mae/Freddie Mac) to purchase their multiunit deals. I would be most interested to hear about:
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Hey friends!My partner and I want to flip a house and we have someone who wants to fund us, but they want to explore the option of using an IRA to do so. From what I understand this is possible if it's set up as a sel...
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I own 2 properties, one of them outright and another i have a 40,000 loan on. I want to take the equity out but all the companies that offer non conforming loans and portfolio loans want you to have 4 or more homes or...
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I need to get $135k out of this property to break even. My buyers can only get approved for $127k. They are willing to pay the $135k just have no means to do so. They have tried to gift, borrow, up the mortage and not...
We’re thinking of getting a personal loan from *another bank for mortgage for our own home (just moved). Does our credit score get hit multiple times if we inquire from several banks/lenders? *Currently have a constru...
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I am looking at using a hard money lender to fund a potential real estate deal. Here is the dilemma. How would one go about funding the remaining part of the deal? Say for instance I have a property that I am purcha...
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We're in process of refinancing our primary home and I asked our mortgage specialist about opening a HELOC so we could use it for a down payment on an investment property. She said that they typically do not offer the...