Account Closed
Tax Lien Fund from MMG capital?
I was at an RE event this weekend and talked to the managing partner of MMG capital. They are primarily a hard money fund but also have a Tax Lien fund. They invest nationally in tax lien certificates. The expected...
Pedro Morais
Distributions from one LLC to another
Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...
Craig P.
Guidance Line
All,
Has anyone else used a guidance line from a conventional bank to fund rehabs (acquisition and renovation)? I just got one approved (took several months) at up to 80% LTC at roughly 4.75% and 1/2 pt ORI.
Paper...
Kyle Hussey
Roll 401k to Self-Directed IRA
Good morning BP Community,The company I work for was recently bought by another company. As I understand it, I have to roll that 401k into something...either a new 401k with the new company or an IRA . But I was thi...
Darius Tracy
Is this building business credit ad a scam?
I recently came across someone who said that they had a program in which as long as you had an Llc and a 680 credit score they could qualify you to get significant business credit cards and credit lines. The basic pre...
Thadeous Larkin
Chicken and Egg when finding a deal
Hi BP!This may be a silly question from a total newbie, but I'd appreciate your guidance.Hypothetical - I find a buy-and-hold property that, when I run the numbers, looks like a great deal (12% Cash on Cash ROI, ~$1,0...
Alfonso Aramburo Zepeda
100K Personal Line of Credit good or bad for BRRRing?
Today I got an offer from my bank that I’m approved for 100K in a personal credit of line. I don’t have any rentals income as I’m about to buy my first one. Truth is I’m highly motivated to start my investor journey i...
Kirby Baxter
Portfolio Loans for low cost rentals
Hey All,
I am seeking advice on Private Lenders that fund portfolio loans. I have spoken to my broker and the loan amount for several of the houses is lower than they fund. I am looking in an area that has started to...
Talmadge Lawing
Setting up LLCs and self directed IRAs
I'm a newbie investor and realtor in Denver. I'm wondering if you have any input to a service provider that can help with business entities as well as trust accounts and financial advisement. I have been told repeated...
Mike McTeague
Investor flipping
If a home is bank owned how do you show the home to an investor to line up a transactional funding deal? A-B would be me and the bank. B-C me selling it to an investor.