Luke Davis
Shopping for Lenders
I was reading a little bit about shopping for loans, and I was wondering if anyone had any tips on looking for lenders who can lend you the loan that you want, on your terms, without having to actually apply for a loa...
Tyler Dunlap
Possible second and third deal, heres my plan, please analyze
So I currently own one SFH which is rented. Heres my plan for the second/potential third:I have the opportunity to buy a SFH (currently rented) for $105k that has been appraised at $120k. I want to take out a hard m...
James Merritt
Managing finances for multiple STRs (how to run a business?)
Right now were 3 STRs and looking to getting more. This is what I'm wondering. Right now each property has a bank account set up for it where the mortgage comes out of. 2 of the three have the utilities and expenses c...
Joe Sohat
HELP: Left corporate; starting company. Need to rent in new city
Hi,My question is about how to successfully pass a rental application when starting your own company.I recently took a Leave of Absence from my corporate job in order to found a company...some time has passed and I no...
Joanne Velez
Where to get a HELOC on property in an LLC
We have a property in NY with lots of equity. It is owned in an LLC. Rents are good. Would like to apply for a HELOC but places I find will only do it if it is not in an LLC. Where can I find a company that allows ...
Byron Scott
Getting Approved for 5+ Units
Hey Biggerpockets,
I am going to start going into banks this coming weeks with numbers and a plan to purchase a 5-10 unit apartment building. I'm new to this so I wanted to ask BP: What do you all think I should bri...
Joshua Welch
IRA purchase and resale
Hey there guys, I have a question I'm trying to do some research on but I thought I'd post the question here and see if there are any experts who might have some answers. I've been talking with a friend and he has bee...
Benjamin Ellis
Personal vs. Business Checking Account help!!!!!!!!
Hello BP'ers:I am in the process of starting out as a wholesaler. While I haven't completed my first deal yet, I want to start to set different things up that are associated with my business. I know that I need to k...
Rob Burgess
Should I create an LLC
Currently have 1 door. Looking to scale fast with SFH's and small multi's over the next couple of years... I have gotten a lot of conflicting information on whether I should set up an LLC. I know it costs $'s to se...
Timothy Robinson
How do we structure Seller financing with a non assumable loan?
Looking for creative financing options like wrap around mortgage to solve Seller's anxiety about bank foreclosure being triggered by credit union if she were to sell to myself and they find out by insurance or escrow...