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Is your credit score affected significantly- If you have multiple properties, you own them in an LLC and are the required to provide a personal guaranty? Just hoping to BRRR as many small multi (2-4 units) properties ...
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Hi guys,
I have two properties under contract and the financing is arranged with two different banks. The challenge is when we are closing I want to record the deeds on the names of two LLC I just establish. Do you th...
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Hello guys,I am a foreign investor from Canada and looking to open a bank account for my US entities. Are there any suggestions? I need to be able to move money from US to Canada and vice versa if needed, and do so vi...
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Hey guys, The banks are telling me that they can not loan to me for a personal home because of my Debt to Income is to high for their underwriting. I have been working to build my rental portfolio for the last few yea...
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I talked to my bank about refinancing a property I have owned outright for 10 years and they want the following. I think this is a paper storm that won't do anything other than burn my time. They have all my info as t...
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I have great earnings from my 9-5 job so I'm wondering what is the best way to get pre approved, should I go thru the my personal bank? or look for outside resources. Also have a decent credit, thanks in advance.
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Because I was nervous about investing in rentals, I bought my first three properties with cash. After about a year and a half I shopped around at three different banks: the first had too high of a rate, the 2nd never...
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I think I confused myself. Most hard money lenders will require you to close in an LLC. How are people refi'ing in a conventional loan after their rehab to get their cash back out? Don't think you can get a convention...
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Good morning! What kinds of features should I look for in a business checking and savings account as a RE investor and landlord? Do you have a favorite bank in town, and if so, why? Thank you
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I got an offer accepted on a duplex. And am busy shopping around for the best deal. It will be a strictly investment purchase. I have had a few banks tell me it must be a commercial loan whiles with have said th...