John McKee
Hey Lenders and NNN Investors I have a question on financing
I've been told it's possible to put 15% down on a property instead of the usual 25% by using collateral. Let me know your thoughts!!!$5,300,000 Purchase Price 795,000 15% down 530,000 10% equity to come from ...
Emmanuel N Okafor
How can I use equity across 11 res units without refinancing each
I have hit a brick wall in my real estate investment business. I have maxed out on rentals I can finance. I currently have 11 rentals. One is fully paid off and I just moved into a new primary house with my family. I ...
Tim Samples
Hard money lender verification
Hey team!
I am looking to set up a hard money loan. Has anyone used Joseph Walter at Walter Built llc.? Pops into Facebook groups. I am concerned, I do not see much for reference out there, but I'm ready to roll....
Andrew Jones
Rental properties don't have 2 years of income, HELOC denied
I have a primary residence I am seeking a Heloc on. I also have rental properties that do not yet have 2 years worth of income. The banks and local credit unions I have reached out to will not approve me for a Heloc...
Mike Healey
Banking Best Practices for Rental Properties
Just purchased my first investment property in St Louis, MO - A duplex that we'll be owner-occupying. We have about a month before closing and right now, I'm trying to figure out the best way to handle my banking situ...
Matthew Nesbit
NNN Loan Requirements
I haven’t seen much information regarding the borrower’s requirements for NNN loans, specifically fast food retail on urban/suburban properties. So far for Dollar General properties, I’ve gathered that typical LTV is ...
Ryan Keenan
Personal line of credit and creative finance
Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
Joshua Minatel
Best way to pay yourself
Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC.
Wilson Feliciano
What lender should I use for my first multi family property?
I need some pointers, aside of getting a good rate. What other things when choosing the right lender should I be looking out for ? Im interested in doing a FHA loan.
Erik Mogan
Know-nothin' Kid from Lexington, KY
Hi! My name is Erik and I am a personal banker in Lexington, KY. I was born and raised in Lexington, lived a little in the surrounding counties, and spent some time in WA before coming back to the Bluegrass a few yea...