Andrew W.
Prepayment Penalties - How to Avoid - Views?
I have 8 separate 5 yr fixed rate mortgages (and P.notes) that the same bank (in Wisconsin) has made to two of my LLC's and secured each loan on a separate property. I personally g/tee these loans.
Rates have moved ...
Thomas Klein
DTI stopped my refinance
Hey all,
Hope everyone is doing well. I wanted some feedback on a great problem to have. (I think...)I thought I had good rentals. Haha
The credit union I use (Space Coast Credit Union) told me my DTI was too high ...
Scott Alfano
Borrowing through a new LLC
I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...
Mike Haikin
Purchase first multi-family unit
Hi all. I am thinking to purchase multi-family property. I have duplexes and SFH in my portfolio. But do not have experience in multi-family 5+. Currently considering 8 units property. Any suggestions for financing th...
Berkay Talay
Agency for being pre-approved
What financial institution do you recommend to get a pre-approval? Financial companies, banks, credit unions, etc?
Tadek Stadniczuk
Credit Union approval condition on making them my Primary bank
I am a member of a credit union. I have a couple small accounts with them and one investment property loan.I am under contract to purchase another investment property and have applied for financing for that property ...
Carlos Pires
HELOC for Las Vegas Properties
Hello,I having a hard time finding a financial institution to do a HELOC using couple properties in Las Vegas. Any suggestions on investor friendly institutions would be greatly appreciate.Carlos P.
Jonathan Alexander
How's my plan?
So I'm trying to take steps to put processes in place to help get the ball rolling. Theoretically I feel like this should work but reality, I feel like, is not this simple:Have a number of different realtors (possibly...
Ryan Williams
How to becone an Asset Manager
I am in the Chicagoland area, and the last 6 years of my career has been in technology sales. Recently, I have realized my strengths are more on the analytical side and I would like to transition to a role that will a...
Chris Troutner
Private Lending Restrictions in Maryland
I have a private lender lined up for a flip in Hagerstown, MD. Was going to do a Promissory Note secured by a mortgage. Since all of my investing has been outside the state of MD, I wanted to have a local attorney r...