I received this article from a friend who runs a local landlord meeting once a month. I had reached out to him looking for HELOC assistance for investment properties. I have a meeting tomorrow at 10 AM with a local ba...
Hey BP,I posted a little about this project in another thread but wanted to post an update here. This other thread was more focused on the initial subdivision and purchasing process. https://www.biggerpockets.com/for...
Hello! I am new to posting but have been listening to the podcast for years now. My husband and I dream of owning a business that will fund our lifestyle. We are currently considering a wedding/event venue for that pu...
I recently moved back to Fort Benning, Georgia after being stationed in Germany for a few years.
I’ve been living vicariously through friends and colleagues by analyzing deals for them while I’ve been overseas, but ...
Hi - we are still reading and learning about investing - leaning towards multi-family properties to hold and rent. Anyway - my question is LLC vs S-corp as a vehicle to shield from personal liability and taxes. We a...
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Could anyone point me to a MHP lender that would entertain a loan on a $425,000 purchase. 28 space park, 26 homes, 24 occupied. No park owned homes, city water, city sewer, paved road. NOI around 47k.
We would like ...
I heard that commercial loans are a challenge to get, I was wondering if this is true. I read and researched that the property needs to make good money in order for the bank to approve you. Do you also need assets f...
Hey guys, brand new member here! Looking to by my first rental property. Looking into Memphis, TN and Huntsville, Alabama markets. However, I may have a problem. My question is...is it possible for me to get a loan fo...