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Results (900)
Lear R. Banks Capping Investment Properties to 4?
23 July 2014 | 19 replies

I was recently told by a mortgage banker that banks has capped the amount of properties a individual or a LLC could have open mortgages to four, three investment properties, and one personal residence. Is this true? W...

Gloria Grotjan Financing for self-storage facilities
21 February 2019 | 13 replies

Interested in investing in self-storage facility seems the bigger banks frown on financing this type of investment. Where can I go to get financing? any suggestions

Louis A Buono Jr New to BP. An intro and a question.
14 August 2018 | 11 replies

Hi everyone.  I'm Lou and I'm new on BP.  I live in Staten Island NY which is actually the forgotten 5th borough of NYC.  I grew up in the flooring business and now have taken the helm since my dad's retirement.  I've...

Skylar Dejesus How many loans is to many?
1 August 2022 | 14 replies

First, what is the maximum amount of loans a person can obtain? I also have read that creating an LLC to get another loan is usually not acceptable because you (the owner) have to still sign the documents basically ma...

James Gresko Dodd Frank and cash financing for rehab deals
23 June 2016 | 4 replies

ANOTHER Dodd Frank question: How do I get around the owner/occupant restriction for Hard money?  After several hours of research, I've been unable to come up with some answers to this dilemma.  A lot of people know ab...

Michael Ferrera Renovation done in 2 months now what?
20 January 2020 | 19 replies

Looks like I missed the refinance part... i have a hard money loan. Im wrapping the rehab of this house after 2 months its ready to rent and refinance. Except I cant pull any cash out for a year... HOW DID I MISS THIS...

Adam Durrin Is a Mortgage in Panama possible?
31 August 2024 | 7 replies

I’ve read a number of posts online saying mortgages are possible as a US citizen in Panama.However, I visited some realtors in Bocas Del Toro and they said mortgages aren’t possible there or for foreigners. Has anyone...

Account Closed Getting a primary residence mortgage at an investor-friendly bank
5 September 2017 | 2 replies

I was listening to an old BP podcast recently and heard what I thought was an interesting tip: get your personal mortgage at a local portfolio lender as a way to establish a relationship that can be leveraged for futu...

Nicole Heasley Beitenman Need Youngstown-area investor-friendly bank to open new account
10 June 2019 | 0 replies

Looking to open an account at an investor-friendly local bank or credit union. We currently secure HELOCs on our rentals through Huntington but would like to utilize someone smaller. Our current bank does HELOCs on re...

Paul Germano Seeking investor friendly banks for RE holding LLC checking accts
23 October 2020 | 1 reply

I am seeking investor friendly business checking accounts to host my RE holding LLC checking accounts.  I am reaching out to the community to see if anyone has good suggestions after repeatedly getting burned by Chase...