Preston Duron
LLC Loan For Rental Properties
Ok so as an owner of an LLC having a 25% down payment for a conventional loan will I be able to obtain a long term loan for a rental? Some investors I've spoken with say no property should be under your personal name....
Laramie Hiebner
Getting a loan!! Need help
So I'm a hungry 19 year old, who is extremely interested in real estate mainly for owning then to rent out to a tenant. I also am a first time investor.
I found a 100,000 home 1 story 2 bed 1 bath renovated kitchen a...
Stuart Day
finance strategy for real estate investment help
Hey Everyone, I have a lot of knowledge and experience when it comes to contracting, building, and real estate sales and MLS data etc... The blindspot I have which I'm trying to fill is in the financial end of real es...
Account Closed
Go to college for Entrepreneurship Sales & Marketing??
Hello guys,I was wondering if I should get a bachelor degree in Entrepreneurship Sales & Marketing or go straight to real estate after high school graduation in May?Thank you for your advice.
Jaime Soto
Security deposit
Hi,I am in the Fayetteville, NC area. I have a 4 units that has been always managed by a local company and now I want to manage them. The property manager is telling me that I need a Trust Account for my tenants secu...
William Lemmond
Using OPM but CASH!?!?
I'm looking to purchase some deals with others cash. They want to essentially be my bank. One; How do we go about transferring the cash without heavy taxation i.e. red flags. I will be buying through a n LLC/business ...
Account Closed
Private Lenders needed for financing on Georgia propertie
Hello everyone,
I'm a newbie to this web site. I'm interested in finding a private lender that can assist me with the purchase of some residential properties and a couple apartment buildings in the Atlanta area...
Matt DuSold
How often do banks ask the homeowner for money?
I talked to a guy today and he basically just left the house he was in. Yeah he has other reasons but he could have stayed in it and could have paid it but wanted out of the house and area.
He ha...
Robert Howard
Buy and hold investing BRRR strategy with a partnership
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
Eric M.
Need advice on taking over a "free" duplex
Hello all.
A situation has come up and I need some advice from the experienced guys and gals on this forum.
My father owns a duplex (1/1 and 2/1) which he is currently underwater on. He is either breaking even or l...