Steven Wade
Recommendations for HELOC Originators
Hello Everyone,Do you have any recommendations for a HELOC originator? I want to capture the equity in my primary home(condo) to fund my first BRRR deal. I'm looking into Bank of America as they don't charge annual f...
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Mike Lee
Conventional Financing questions
Okay I went today to the bank just to get an idea what I may borrow. I mentioned to the loan officer that it will be NON owner occupied. I told her my intentions of buying a duplex or SFR and renting out. I was tol...
Danielle Tran
Recommend LLC or Keep Under Living Trust
Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...
Dillon Vansickle
New Investor here, how would you do it, if you could start again?
Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...
Brody Veilleux
House Hacking with an LLC
As far as I’m aware, FHA loans are only for individuals. Is there any way to get an FHA loan and transfer it to the LLC? What are the pros and cons of this?
Jay Koch
Owner Financing Myth Buster:How to Sell a Property by Wrapping the Existing Mortgage
I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m...
Mitch Larrivee
How do you handle ownership and financing?
Looking at protecting myself as much as possible, I want to buy (hard money most likely) with an LLC. When you go to refi out, do you normally xfer ownership to your name so you can get a conv. loan? Or do you normall...
Thomas Bullock
Best Loans to use to scale
My friend and I are both veterans. We invested in a 3 family property about a year ago now. 100% of my friends VA loan was used, however, I am still on the loan because it was the only way we could get approved for th...
Keegan Schaub
When can I Quit Claim Deed Primary Home Loan?
Hi! I’m wondering if I have to wait one full year before I can quit claim deed a primary home loan into an LLC. Also wondering if I need to refi to do a quit claim deed this primary home loan? I’ve heard you can lower...