Jonathan Bombaci
Hard money on personal residence?
Does anyone know if a hard money lender would lend money as a personal loan using someone’s personal residence as collateral?I have a family friend going through a bankruptcy (so horrible credit) but his personal resi...
Carrie K.
Buying a personal residence wholesale?
I'm trying to buy a place where my family could move -- ideally a duplex or triplex, or maybe just a SFH. (We bought and rehabbed a triplex already as owner-occupants, so I have experience with fixing up a place and p...
Juan Angel Castillo
LLC loan without personal guarantee
Hello, I am 1 of 2 owners in a real estate LLC that holds 4 residential real estate properties that are fully paid off. Does anyone know if it is possible to obtain a mortgage loan to acquire an additional property wi...
Ash Patel
Failing lease with personal guarantee
One year ago, I purchased a property for $550k and signed a tenant to a 10 year lease. The proprietor was a coffee shop/bookstore that was operating down the street. They wanted to expand as well as offer food and a...
James Kampmeyer
SC LLC taxes vs personal
So the question is if I start an LLC and buy a house, will it be taxed at 4% or 6%?
The house will be a rental. Income will go into an account under the LLC.
Komi Agbodzie
payoff personal debt vs investing
Hello All!
I am a newbie still educating myself and have not done a deal yet. I am stashing up cash (pre tax) for my first deal but now i am having a second thought and wondering if I should :1) pay the tax and use ...
Jeff Fairchild
Meeting w/ seller in person
Any tips or processes that you guys have when meeting with the seller's at the home? Any good methods of getting them to come way down in price?
George P.
Renting to person with disability
I am interested in first-hand experience - if you have/had a tenant with disability - please kindly chime in
Someone have inquired about the property and indicated this will be for their disabled son.
I made some rese...
Sam A.
Personal loan vs. Conventional mortgage
I am looking to buy my first rental property within the next couple weeks. I have found a 2bd/1ba originally listed at 38,900 that dropped to 30,900. It needs about 8k to rehab. I thought about offering 25k and on my ...
Claude Hodge
Separation of business / personal finances
I need help figuring out how to start out, with my own money, and then turn it over to my LLC. I know that I will have to use my personal name and money to get my first property. After that I want to turn the proper...