Misty Monk
Buying Rental Property in LLC or Personal Mortgage
Is it best to buy rental property in LLC and personally guarantee loan or get a personal mortgage ? What loan products are there and how do they compare to a mortgage?
Lamont B.
How do rent properties to vets?
Afternoon BP community, a relative mentioned renting to vets but the relative does not know the process. I just signed a contract to purchase a house in a nice community in Baltimore ( Edmondson Heights for those tha...
Matthew Lucherini
Note investing, who offers a warranty on performing notes?
I am ready to invest in performing notes, and I know PPR Note offers a warranty on theirs however they have a limited number of notes available at a given time. Is there any other reliable source to purchase a note wi...
Jeff Rice
How do you legally structure angel funds from friends and family?
Trying to fund my first investment property via friends and family.I don't currently have an LLC as it is harder to get a biz loan than a personal loan considering I have no biz history of successful investments. I'm ...
Chris Mason
VA Loans, "Jumbo VA," etc, 2020 and Beyond
Most important: "Exhibit A: Loan Limit Examples"Recall that a 25% guarantee = you don't have to make a down payment. When you go with 0% down VA and all is vanilla, generally you use up entitlement at a rate of 25%, m...
Bryce Carroll
Residential condo under contract, found existing tenant is an LLC
After being under a buyer's contract for 2 weeks with intent to close next week, I received a copy of the lease for the existing tenant. The tenant is an LLC with no officer signatures on the contract, it's a 12 mont...
Anna Moldavsky
Self Directed IRA
Any idea if you can use the self directed IRA as a percent equity in an investment and then have a different LLC get a loan to finance the property? Thanks!
Joe Cisneros
"Cash back at closing from developers"
Hey All,
I'm trying to get started in investing and, since I have a full time career that I enjoy and pays me well, I'm not really looking to have REI be my new full timer.
I've seen various deals that all sound fai...
Robert Cook
USDA Loan for multifamilies?
Hi there,Does anyone know if you can use a USDA loan to buy a multifamily in MA? I am looking to buy a property in the coming months out side of Worcester and have been getting mixed responses on whether you can buy a...
Rowan Gratz
Paying Down Credit Card Debt vs.. ? Filing for Bankrupcty
Asking for a friend...My Friend owns a restaurant business that was severely affected by Covid 19. During the pandemic he was able to get refundable PPP loans to help offset the 50% drop in Gross Receipts that affecte...