Danielle DeCormis
Renting property to LLC in lieu of Quitclaim Deed
Hello all!I asked a question last week about how to purchase a 50k turnkey rental property with a DSCR Loan and received some great feedback. I'm looking for some additional advice.... Due to the low dollar value of...
Juan Alvarez
First time buyer/Pre loan qualifications
First time investor. I am interested in the house hacking game. Reading a few books but the simple questions are not being answered. Before I even start looking at properties should see if I pre qualify on a loan corr...
Justin Franklin
Do lenders still have delayed financing products?
Do lenders still have delayed financing products!? I purchased a property cash, and don't want to wait the 6 months. I've read and heard about delayed financing for cash purchases, but I haven't actually seen anyone e...
Terence Young
Taxation on Flip Properties When Using Private Lenders
Hello, I’m trying to get an understanding, so I’ll keep it simple. I have private lenders that will loan my corporation up to 75% loan to value on property. Let’s say we borrow $100,000 at 12% interest and secure t...
Eric Jan
Student Loans messing with our DTI
Could I get some advice on priority when it comes to student loan debt vs saving for a cash-flowing property?Our combined student loan debt is hovering around 250k with avg interest of 6%Avg household income is around...
Roberta James
Bank financing or is there a better way
Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...
Evan Hauler
Borrowing money from relatives
Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...
Casey Gregersen
HELOC up to 90% LTV in Texas
Recent Bigger Pockets episode motivated me to reach out to US Bank about their mortgages and loan products. I found out that they are one of the few banks that will do 90% LTV on HELOCS. Most I usually see is 75-80%...
George S.
Mobile park, protection from PM with skin in the game.
Hey BP community. I have a question and would like the communities thoughts on it.
I am in contract with a new partner on a mobile home, both as passive investors. I am planning on moving out of state and being an ...
April Munoz
Subject-To vs Loan Assumption
In a nut shell and with out getting too complicated there are two main differences between the two.
1. Loan Assumption - Plain and simple you assume the loan without having approval from the bank (banks do not like t...