Gregory Cannan
New LLC, New personal home purchase, looking for loan for lot
Hello!The wife and I purchased a home in Feb of 2020.We formed an LLC in September. We haven't set up an account yet but when we do, we are thinking of bringing on some members so we can fill that account with some ca...
Tyler Kneer
Package Triplex and SFH First Deal with LLC or Personal Loans
Hey All!My partner and I are looking to buy our first property(s) and we have our eyes set on a package deal. This package includes a triplex and one SFH. Their current listing price is $115,000 each or $230,000 total...
Tyler Kneer
Package Triplex and SFH First Deal with LLC or Personal Loans
Hey All!
My partner and I are looking to buy our first property(s) and we have our eyes set on a package deal. This package includes a triplex and one SFH. Their current listing price is $115,000 each or $230,000 tot...
Adam Craig
Do any lenders have higher loan limits on personal home buy?
We are looking to move our family into a neighboring city in the next year. Purchase price 400-500K.
With rates as low as they are I would love to do a conventional mortgage and fiance as much as they allow to keep c...
Dennis Powers
Can I attach a multi person LLC to my conventional loan
Can I buy a property with a conventional loan myself, then attach a LLC to the property with my 2 partners? Will the bank allow that? That said if we were to run a business out of that house under a LLC could the ban...
Amber Walker
Advice on a Personal or Small Business Loan to Scale business
Hi Everyone,I'm currently considering taking out a Personal Loan or a Small Business Loan to further scale my wholesaling business. Back Story: I've successfully wholesaled 4 properties in the last couple of months...
Ryan Halford
How to use LLC money from personal account for conventional loan?
Hello all, The following situation is concerning proper accounting and tax code.My understanding is that I can lend via promissory note to my LLC at a reasonable rate (I plan on applying the 10% rate that is charged b...
Scott V.
Friend wants a personal loan @ 20% interest. What would you do?
Short summary of the situation: A friend of mine would like me to loan him approx $32k which he needs as a down-payment for something. I have a pretty good general idea of his financial situation and I know that he ha...
Kelli Tarantino
Cash purchase, adding person to title who will take out loan
My husband and I just purchased a home for cash (because it allowed us to get the best price) in our Rental Properties LLC name. We would like to add our daughter to the title during the closing process, and then hav...
Smrithi Shashidhara
Visio lending rental loan might get reported on personal credit f
Hi We were about to lock in a loan with visio lending for a short term rental(airbnb) investment property and the loan agent mentioned. The intent to go with them was to make sure we this deal doesn't affect our perso...