Raj G.
Private lending to LLC with First lien on default
I did a private lending , borrower bought house under the name of LLC, first lien recorded. value of house is at least to cover the loan(as of now). I have personal guarantee, Mortgage note, promissory note.Now borrow...
Dave G.
What's the deal with Replacement Value?
I was just doing some due dilligence on a proprety and I spoke to my Insurance Company (USAA), and had a mild heart attack when they told me how much it would be to insure. 1st I ran it online and it came to be ~$6k/...
Alice Chan
Should I create a LLC - CA Rental
I just rented my place in the Bay Area, CA. but live in texas. I’m trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would ne...
Mordy Chaimovitz
My attorney says I am not allowed to make an LLC
Ok. I Recently closed my 1st deal on 2 SFH's with a conventional loan. I wanted to transfer the properties into an LLC but my attorney says that technically it's against the clauses in my loan to transfer the loan to ...
Kody Foster
Negotiating my first deal this very moment!
I am in the process of negotiating my first residential rental property right now.
A little info:
Asking price- $41,900
Our first offer-
$24,000(house needs $15,000 in repairs, all cosmetic, nothing structural) we...
Ken Latchers
How are your overall bookings?
Without stating the Virus that must not be Named, how are your total bookings (still scheduled) at this moment, as compared with the last several years? Down 10%? Down 30%? at the moment, I have zero bookings for the ...
Ken Rishel
Poll on Chattel Lending to Consumers - Please Respond
This is a poll to determine the level of interest in a new program a client of ours is considering. I ask you to respond either Yes I am ready, willing and able to participate, or No, I am not interested. Would you be...
Charlie Moore
What does it mean to be “ transparent “
What does this word mean to you? I was studying my last Ebook and it states “ always be transparent and success in landlording will happen “
Joe Delia
Actual Value or Replacement Cost?
I'm sure there are many topics on this throughout bigger pockets history, however, what are you doing TODAY, and why? What do you see as the pro's and con's of each policy?
This is assuming buy and hold but feel fre...
Caesar Perez
Hard Money Lenders [ATLANTA]
First time posting. Go easy on me, guys. =)Looking for hard money lender in Atlanta. I saw the list on here and was wondering who has had experience with them or any others for that matter. This will be my first time ...