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Hi BP!Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loa...
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Hi all, I'm currently searching for wholesale deals. Driving for dollars, direct mailing, and etc. Would you recommend find the deal 1st or get a pool of investors first? I guess this is like a which comes first, the ...
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Hi guys,
I did a search and the latest post I found on this topic was about 2 weeks older. There are many of the opinion that somehow going into forbearance will come back to haunt mortgage holders regardless of what...
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Hi, all. Our corporation owns a house in Los Angeles near Venice and La Cienega (adjacent to the hot Culver City area). The house was rehabbed when we bought it and then we converted the garage to a studio. We have...
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Hi all, thanks in advance to all who reply. I'm in a Minneapolis suburb. I bought a house 5 years ago. When I moved in there were already fences going from the front yard all the way through the backyard. My neighbor...
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Lately a bunch of different avenues I have been looking at beside BP have been throwing out the idea of starting an LLC in Nevada, or creating trusts in Nevada or Delaware but don't explain why it is supposedly so muc...
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I'm being asked to invest in a 50 year old, 200 unit Chicago high rise building. I'm very experienced with rentals in general and rental complexes with many units and have a good understanding of investment numbers i...
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Hello all! I'm kind of new to all of this, and I was wondering if someone could help me understand the benefits of cash-out refinancing. I've heard people say you can take money out/cash-out tax free!But as I THINK I ...
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I posted an available unit on Craigslist and was contacted by the son of a possible applicant because the father has no email address. I did my standard phone screening and also told the son that if the father applies...
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Good morning everyone,My name is Wilson and I am an investor who owns 8 properties in Jackson MS. I have a day job and real estate is something I do on the side. So I have a contract for a short sell and everything i...