Lucien Perreault
TSP Loan good or bad
I recently posted about my condo in San Diego and how I’m looking in to refinancing the mortgage under a conventional loan so I can use my VA loan to purchase a second property in San Diego.
In order to refinance, I...
Ronald Hayden
Money flow for an LLC?
Hello!First post on BiggerPockets, as a huge fan of the podcast. Oddly, I'm a bit proud to have a naive question to start with.My business partner and I are in the process of creating an LLC, and I realized I have som...
Bill Regan
Pay off Student Loan prior to Mortgage app?
Hi. I've got about $3,000 left to go on my student loan, with a payment of $156/month. I'm going to be applying for an FHA mortgage in July. Only other debt is a car loan of $200/month, credit over 750.Wondering if...
Malachi Hoots
Best Multifamily lenders?
I’m trying to buy a 4plex, but one of the units needs finishing inside to be rented. The seller priced it finished or as-is. The only lender I can find that will finance it as-is is a local community bank in the area ...
Nic A.
Non Recourse Lender for Apartment/Multifam
I have some funds in an IRA that I want to move out of the markets and into real estate. I had saw an article about this in BP but I cannot find it now. Anyone know of that article or have banks in mind that can tackl...
Account Closed
Miami Market Trend: Low-Rise Condos
I wanted to share some thoughts I have been developing for my clients regarding potential investment opportunities in older low-rise condos in Miami, Florida. Investing in older low-rise condos in Miami, Florida, is ...
Michael Myers
wholesaling is unethical???
so, I have my heart set on wholesaling real estate, and in searching for a closing company several local companies have said they don't double escrow because they feel its unethical.
I can make the argument t...
Amit M.
Higher return DST offerings
I recently received a mailer from Kay properties of 2 DST offerings: an 8% and 10% preferred return (net lease income fund 28, LLC and opportunistic income fund 75, LLC). I was surprised as most DSTs I’ve seen are in ...
Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Cian R.
Property in LLC – Financing Suggestions
I recently purchased a renovation property using an LLC that was formed specifically for holding the property. It was purchased with all cash so there are no liens on the property. Because the property is held under a...