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I've had some very preliminary discussions with Hard Money Lenders, both have stated they only loan to LLC Entities. My natural assumption is that it's easier to foreclose on a property that's held by LLC vs an indivi...
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When meeting requirement such as income, do you go based on combined income of all applicants? Does it change based on relationship? For instance, do you require it differently for a Married couple as opposed to 2 fri...
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Hello Everyone!Last October (October '21) I closed on a seller financed deal consisting of a triplex, duplex, and garage/ADU. So 6 total apartments. It needed quite a bit of work. Rehab is just about to finish with 4/...
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I know the difference between private and hard money, but when I go to search lenders, a lot of them advertise as “private/hard money loans available” or something like that. I’m interpreting it as they consider it th...
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BP, I'm partnering w/ two individuals to acquire our first 4-unit property in Northeast NJ. We've been discussing financing options, specifically looking at FHA (less equity but 1-year owner occupancy requirement) and...
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hi also what's the best lending if u are an llc and how will they do credit checks with multiple people in business
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Hi everyone,How do you wire money to the US? Which US banks are you working with? (assuming you do not have an SSN)
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Has anybody heard of or used a website that offers a list of private money lendersis this a scam
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I have several properties I am in the process to cash out refinance after I completed the rehabs and got renters in. We have a good amount of refinances to put in place 8 ( 6 in one entity & 2 in another). I alway...
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I'm looking at a 5 family that is about to hit the market and was wondering what the different requirements are for things like fire alarm, trash service, etc. versus a up/down two family house.
Other than 60...