Hello BP, I’m currently working on my first portfolio loan and have some questions. Here’s the scenario;I’m doing a cash out refinance on two properties I currently own and purchasing two new properties all in one por...
I've owned a couple of rental properties before. I've been thinking about buying another, but a friend suggested I look into notes instead. I'm most interested in buying performing 1sts for cash flow, and I will be bu...
Hey Everyone,So I have a few private money investors that want to be part of my deals. We are going to structure the deal where they loan the money and get interest until the sale or refinance.We want to hold the mon...
Anyone else concerned with the debt crisis? How are you positioning your self defensively? How much cash reserves keep on hand. 3 months, 6 months, 12 months?
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
For years I have been investing in rental properties. My experience has always been with single family properties. I have also managed apartments and have always managed my own properties.
This year I have been wor...
I have a local credit union that will loan money to me at 2% for a term of up to 20 years. The only caveat is that i have to have an equal amount in an account with them as collateral. I feel like this could be a grea...
Has anyone ever encountered a institution that would secure a line of credit using a current 401k as collateral?
I am considering a 401k loan or transferring to a SDIRA, but my goal is to purchase cash and re...
A lot of Fix and Flip deals run short of the capital and this leaves the deal in trouble and usually investors are unable to complete the property. Is there a market for a JV partner/ Second mortgage for investors to ...
Hello, I'm looking to develop 7 acres that I have (Free and Clear) into a self storage facility (Mainly Parking, not much Real Property). Would I be able to use my Single Family LTR as collateral in a DSCR loan for co...