Franco Urbaez
Nobody wants to lend to an LLC!? Allentown, PA
Hey everyone,I could use some guidance please! I am having a really hard time trying to find a lender that will finance this deal for me! I opened an LLC for my REI business and it seems that no bank wants to lend t...
Tyler Drapeau
Mixed Use Property in Eastern PA
A partner and I direct mailed Easton, Allentown and Bethlehem, Pennsylvania area. We have one amazing lead. The property had 4 residential units that rent for $3,100 per month plus a commercial space that were decidin...
Richard Bull
How to get an investment loan w/ 10% down (rentals in IN & MS)?
I am trying to stretch my buying power by ideally using conventional loans for rental properties with 10% down (if this exists). Thus looking for a situation where I can move away from PMI once there is more than 20% ...
Andrew Yu
BRRRR Refinance Stage
I recently got a duplex under contract for 27K. It needs about 7K to fix up. But it can cash flow $900-1000/mo. I plan to use private lender money to fund this whole deal. My concern is mainly at refinance stage. What...
Benjamin Lenz
Safe to hire bookkeeper and grant access to financial accounts?
Hey BP!
I've read articles on the forums here about the importance of hiring a bookkeeper if you're like me and dread spending valuable time doing accounting. What I'm curious to know is, how safe is it to grant bo...
Sadierose Saucier
Cash out refi vs. HELOC
Hello! Currently own and rent 2 multi families (triplex and duplex). When we refinanced, my mortgage lender said we only had the option to do HELOC, not cash out refi. What are the main reasons for this? HELOC’s are ...
Leon Lee
Questions on banks calling due on the loan
Hi, Could someone help me on these questions about the bank calling due on the loan? I had a conversation with a seasoned investor and got this info. According to him, Suntrust decided not to deal with residential loa...
Bill Halliday
Mortgage loans for low value properties
Let's say I want to purchase a rental property for $35,000 but the banks won't finance it with a mortgage loan because the actually loan amount is too low (especially after a 20% down payment). Most people would p...
Henley H.
Best payment system for tenants?
What have you found to be the best payment method for tenants to use to make their monthly rent payment? We'd like to choose something where payments are made electronically, rather than physically putting a check in ...
Saulo Queiroz
Company owner with no W2..How do I get a loan?
Hello!As of November 2016 my electrical company was doing well so I quit my W2 job to work for myself. At the time I was working for someone else, I was growing my company on the side,and accumulating a few months of ...