Hi BP! As I’m going through the process of purchasing a multi +5 units under an LLC and obtaining a mortgage, according to lender building qualifies for mortgage not myself and a personal guarantee would be needed. Wo...
I am currently looking at a day care nnn deal with 15 yrs left on lease and is corporate guaranteed. All at a cap rate of 6.5%. The nnn rent is atleast 20% less than market rent. Also, it's in a populated neighborhood...
I am trying to refinance my primary residence. I am told my debt to income ratio is too high for the balance I need, however federal underwriters will not allow the use of rental income on any of my properties. Here...
Just a general question. More of a worry than anything.So there is a vacant duplex for sale right down our street. My question is after rehabbing the vacant property, will we have to pay the monthly expenses of the pr...
Is there a such thing as an FHA refi with an IRA LLC?
So I just opened 2 brand new separate LLC's recently.
Company A, and Company B
I applied at WF for a business line of credit for Company A, and was approved for $25K(based on personal credit score/income)
I went to...
We recently moved to Baltimore (Guilford) Maryland.
Please respond only if you yourself own rental properties or manage a portfolio of properties.
I had an excellent real estate broker and management company in Bost...
I am looking to start acquiring Walgreens properties. Is it possible to owner finance these deals?
Hello BP!Been thinking about taking on a personal loan of 50-70k for purchasing power in my Midwest market, the loan would just be for down payments and closing costs on sub 85k SFH / Duplex properties. Any thoughts o...
Hello fellow investors,
A few friends and I are looking to start an LLC that purchases, fixes up and rents out properties. Does the loan process differ when doing so as a business? And how so? We have a private lend...