Hello all,
I put a new property in my wife's name instead of an LLC because I wanted to use her Great Credit and W2's before she leaves her Job to raise our daughter. However most banks want you to own the h...
Hey all! So a little background, I've never done any type of development project. My husband and I are currently flipping our first property, and that's the amount of real estate investing experience I have. (Other th...
What is the best way to structure a deal using owner finance with a family member. One of my family members has home that needs lots of work but the owner can not pay for the work and needs to cash flow. The propert...
I hear all the time from investors and real estate agents to stay away from the big banks and go with local lenders, and I just want to share my own personal experience that contradicts that advice.First of all, some ...
Hello All, I currently own 5 rentals, but i am having difficulties getting financing on another "investment" property after speaking to multiple banks, they seem ok with giving me a loan for primary residence, because...
My partner and I have been considering purchasing a duplex as an investment for our first home. We moved back to Minneapolis last year after living in Los Angeles for 2 years. We have been renting for the past year at...
Hey all, I know for VA and FHA, that flooring should be within a SFH for the appraisal to come back good to go. However, I showed my agent a property that needs some work and that I wish to rehab myself. It does not h...
Hey guys, I have an accepted offer on a house right now and going through the conventional rehab loan process. We’re (my brother and I) are wanting to switch and use a hard money lender through my company (which I’ve ...
1. Historically, have lenders accelerated loans at higher rates during recessions?2. If not can you guys think of any other environments when holding lots of sub2 debt puts your situation at greater risk)?
Hi All,I've been seeing quite a depth of knowledge on BiggerPockets, and finally have decided to post some questions that I've been thinking about. I would like to know what you all would do in this situation (whether...