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The small business banker who initially set up the zero interest bank account for me said that he put restrictions on the account that won't allow for withdrawals on the funds sitting there. He has since left the comp...
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I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...
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I'm an RE agent in the Phoenix East valley area. Today I was looking into opendoor and realized they have a 10% market share here. We currently have about 18,000 homes on market and Opendoor has about 1,800 homes list...
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Hi everyone,Can anyone explain how commercial loans work. Is there such thing as an owner occupied commercial real estate loan? What steps do I have to take to get approved for a loan?I am very interested in a commerc...
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I am just doing some research on this strategy. If you get HELOCs on your investment properties please let us know what bank or institution you use. Also what is your strategy in using your investment property HELOC?...
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Hi guys,I'm getting into position to start interviewing banks/lenders to get my financing in order and see what is available in my area. I am creating a script to use in weeding out potentials when i call them. Woul...
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Hi all,I'm looking to purchase a buy and hold property and wondering if anyone has recommendations for a traditional lender. The plan is that I want to purchase another property from the equity gained from the first...
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The title is dramatic, but I do wonder if your typical mom-and-pop that's just starting out is going to be able to build a legitimate (cashflowing) rental portfolio in the current market with large institutional buyer...
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Large crypto lender Celsius filed for bankruptcy. This is huge news and a major blow to crypto. All investors, real estate or otherwise, of any experience level have something to learn from this.A massive crypto inves...
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So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...