Tyler Standish
Personal Loan for Cash only House
Hi, I am hoping some bankers can lend some advice on this subject (but anyone can). I am trying to purchase my first flip and have run into so many good deals but can't get them because they are cash only. I am cons...
James Brand
Personal Guarantee & Seller Financing
BP,As always when I am in a jam I seek out you lovely individuals to weigh in and share war stories.Situation:I just postponed a settlement that was supposed to be happening right now. My lawyer strongly advised NOT s...
Albert L.
good credit, low DTI, still getting declined for personal loans
Hey folks, We closed on our first property 30 days ago using a conventional, 25% down 30 yr loan from a local bank and have been applying to get a personal loan to potential BRRRR or flip on another property with no s...
Daniel Cruz
Partnership, SDIRA, Refinancing Question
Hi All,
If a partner and I own free a rental property free and clear, but my half was purchased using a SDIRA, what happens if we want to refi the rental to pull money out? Are we still stuck w/ a non-recour...
Shayne Mahoney
Borrowing Against Annuity to Invest
Hello there,I was just looking for some opinions on borrowing against my annuity to invest in a duplex. I’d like to use a 203k loan so I can put 3.5% down. I know this means I will need reserves too. A follow up quest...
Nick Kelsoe
Using Line of Credit for Downpayment
Is it possible to us a line of credit (that doesn't require collateral) from my personal bank as a downpayment? I'm fairly new to real estate investing and am trying to see if anyone has experience with doing this? Th...
Trever Nicoll
SBA Loan for a Syndicated Self-Storage Project
Hi All,
I am working on pulling together a self-storage syndication project and was wondering if I can get an SBA Loan as part of the syndication project? I know I can get an SBA Loan for a self-storage project if it...
Adam Craig
Need financing advice for friend looking to buy a cabin.
A friend of mine came to me for some loan advice and I wasn’t sure where to send him. He wants to buy a cabin in PA where he goes all the time for fishing. Asking price is 40K. The cabin has electricity and water but ...
Anthony Vanson
business credit,installment
Hello, I just have a few questions regarding establishing business credit
I've read on here about depositing $500 as collateral for a loan of the same amount and then paying it off in an insta...
Robin Cornacchio
Self Directed IRA question
My SDIRA purchased a home a few years ago. There's no mortgage. I'm interested in leveraging the equity that my IRA has in the house to get a mortgage for an investment property in Florida. Is this possible?