Chris Thomas
How to purchase/fund an investment property under an LLC
As the title says, I’m just curious how to go about purchasing deals and securing funding under an LLC as to not have investment properties in my personal name. Any and all information is appreciated!
David Smith
Small loans for Investment property
Hello, I am fortunate to live in a area where homes are cheaper than the rest of the country. My biggest problem is finding a bank that will loan on a investment under 30k. Can anyone help Me please? i Have a duplex i...
Adriel Hsu
Quit Claim Deed to Cash Out Refinance
Hello,I'm a newbie here and currently trying to figure out financing on my first rehab.I borrowed $20k from a private lender which covered the purchase of the home all cash including closing costs.I plan on doing the ...
Derrick Wilson
Can someone answer this BRRR question I have.
If I took a personal loan out to buy a property using the BRRR strategy, when it was time to refinance would the bank add or count the personal loan towards my DTI? Or would I have to explain them that the cash out ...
Shaun Anderson
How do you structure a payback to a private lender who takes a 10% position on your deals!!
I am a newbie to everything, learning as I go and trying to learn about purchasing using none of my own money! I am looking at offering on my first deal or two and have found a private lender to work with but they ...
Magaly Wilson
Creative Financing looking for advice to pull equity/refinance
Hello I am a current real estate investor/ new real estate agent and I obtained 2 properties with creative financing. Both property's are located in Danville VA and essentially what i did was pay seller the amount the...
Philip L.
Cash Out Refinancing with Local Banks and Credit Unions
Wondering if this is possible or am I just wasting my time.Is it possible to find a local bank or credit union that lends as a commercial loan to a LLC for single family homes?If so is it possible to get rates 5% or b...
Sharon Evans
Should I finance the Down Payment for a Hard Money Loan?
Hi there! My fiance is ready to emabark on his first fix and flip, and he's looking at a Hard Money Loan with Lending Home to finance the purchase and renovation. As you all know, these HML loans come with a hefty dow...
Dennis Tan
LLC on deed but not on loan, can LLC claim mortgage interest
Hi Bigger Pockets family,My question is related to the mortgage interest deduction. I purchased a condo with a personal loan (conventional mortgage), but would like to pass the ownership to my LLC (in which I have ano...
Jonathan New
Providing up front cash for hard money
I am working on first deal, so newb alert. I am looking at cheap houses (<$60k purchase) in the Hampton Roads area of VA. I have very little personal cash to put up. Would a HML care if I used a personal loan fo...