Stanley A.
Private Money Lender!
How does one become a private money lender for real estate deals? What is the minimum cash required? Is there a group to join and invest in? Im in the Houston, Texas market and all insights will be highly appreciated....
Nick Thompson
Limit of Home Equity Loans
I've heard many times that normal banks only allow up to four mortgages in a persons name. I was wondering if the same applies for home equity loans? If I have ten rentals with say 60% equity in each, would I be allow...
Martin LaBelle
Subject To - Red Teaming
Just finished the excellent Creative Financing podcast On the Market Ep 29 with Pace Morby. I have a tendency to think in adversarial terms (I'm working on it) but in this case I was thinking about the bank, and how I...
Account Closed
Selling house with a financed roof that has not been paid off yet
I've been playing with the idea of selling my house, and I'm sure this is a very basic question but I was not able to find any answers on the BP forum or on Google.Last year I got a 10 year loan to finance a roof repl...
Shaniquea Fails
I bought a house all cash no mortgage what’s the next step?
I bought a house all cash last year. Unfortunately, I was in over my head at the time and hadn’t gotten the house tenant ready once the old tenants moved out. The house was a mess! This year although it is corona seas...
Michael Klinger
"Plan B" refi strategy ?
I have an owner/user building that houses my business. There is substantial equity in the building, while simultaneously the business is no longer strong as it once was. My current plan is to sell (it is currenty on t...
Andrew Martinez
What are creative ways to get a downpayment
Other that Heloc and a credit card what are some creative ways or other ways to get a down payment for an investment property. We got an approval for a STR but need 25% down in $180,000. This is a great opportunity an...
Henry Clark
Self Storage- Broad discussion on Finance
STORAGE
FINANCING FOR PROSPECTIVE AND CURRENT OWNERS
Just
finishing our financing on our latest location phase 1 (phase 1-230/ 2-200/ 3-200). Below are some
thoughts in general on Storage financing. Basic for...
Jill H.
Reaching out for help - How to fiance my flip -- have collateral
Hi everyone, I am reaching out for help because I am not sure what to do. I know there is a wealth of honest true knowledge here on Biggerpockets. My dilemma is that, I would like to start back flipping again. I ne...
Kim Hopkins
Using an LLC as a Guarantor on a Commercial Loan
Hello!We are working with a credit union on a loan for a commercial property acquisition. The loan is full recourse. In the past, we've just listed ourselves as individuals (or maybe our trust, I forget) as the guaran...