David Kingsford
2012 college grad seeking advice on structuring first deal
I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...
Adit S.
Private Lending in California
What's going on everyone,
What does it take to originate and record a loan in California from an LLC?
Will a simple promissory note be enough to record a lien on the asset?
Do I need to be licensed? Any advice?
...
Tyler Brown
New York extends eviction moratorium until May 1st
Article hereThe short version is that no evictions may be brought for non payment of rent against anyone who declares that they have been financially impacted by the Coronavirus until at least May 1st.I have property ...
Robert Spencer
Small HELOC (or any loan) for LLCs
My LLC owns 3 houses with no mortgages or loans. I do have credit card debt. I began to have eye problems and had surgery. Now, I'm limited to part time on my W2 job. I'd like to use equity in one of my houses to g...
Erik Garland
Just get the money already!
Am I missing something? I've got North of 150k in sfh's with my LLC. I want to get a business loan, 5 year term, 15yr amortized, around 7% APR: rougly 70k loan. LTV would be 70%. I WANT TO DO A FLIP!! 5 years studyin...
Jim Stevenson
Is this considered mortgage fraud?
If I take a gift from a friend to cover the entire 20% down payment for an investment property, can I then pay that friend back with a personal loan? Would that be considered mortgage fraud? Can a non-family member ev...
Lynwood Washington
Beginning Stages of Purchasing Rental Properties
Hello to All, My name is Lynwood Washington and early preliminary stages of planning to make strategic moves to purchase my first rental property. I have one property right now that has a good amount of equity in the ...
Bryan Bolhuis
Mobile Home purchase in Southern California
I'm a real estate agent in the Southern California market. I have a client who is interested in purchasing a used mobile home. I've never dealt with the purchase of a mobile home and wanted some advice on what to look...
Aaron Rowzee
Keeping Private Money Organized, Utilized, and Paid On-Time
Good afternoon, folks. First time poster here trying to figure it all out before I jump into the pond. I have a few buy-and-hold prospects with good leasing margins, but I don't have the 15-20% down for a mortgage on ...
Matthew Ferguson
What do I need to do to qualify for conventional financing?
I want to get started immediately on things I need to start doing today to get qualified for Conventional Financing/FHA in the future. What do I need to do to qualify for conventional financing?