Isaiah Jernigan
Financing an ADU for STR
Hello BP. So I recently purchased my first house hack in Durham, NC about two months ago. My original plan was to put 3.5% down and use the rest to build an ADU in the back yard (and use it as a STR for cash flow) and...
Joseph Pobanz
Trouble with Expansion
Hello All, I currently Own 4 Properties, 1 in Southern California (My Primary Residence), and 3 Multi Family, totaling 9 Units in Cleveland, Ohio (I have family there). I am looking to expand to more. My loan guy is t...
Jay Bacchus
Refinance LLC Title + Quit Claim deed
Hi there - new to BP but long time lurker. I've been running thru this scenario for a while with my lawyer & CPA, but want to see if there are any real life experiences to also lean on.I have split interest with 2...
Emmanuel Cano
beginner in investment
I have a question, I own my house and I have been trying to refinance but I do not have enough equity in the property, and all the companies that I have contacted, ask me to try to make more payments to try to lower w...
Anthony W.
Finally Out of Debt Looking to Invest....
I am finally debt free and looking for suggestions from ANYONE on how to break into the Real Estate arena. Below are some thoughts I had about the way to go about it. I currently have a pretty good credit score now bu...
Josh Sanders
Are my cash flow calculations accurate?
Hi all, Im trying to see how much cash flow I would have if I'd finance 100% of the property. In other words, the 20% required for the down payment of the property comes from a conventional loan. Thing is, I've nev...
Michael Mcguniess
Filling out a k-1 on 1065
I know there is most likely a long answer to this but I have made it to the point of filling out my k-1 forms and am stuck.
I created an LLC (partnership) last year with 2 members - myself and my wife.
Section K of...
Michael Badin
Business Funding Engine??
Hi all,I am trying to review my options to get some working capital. I am considering many different avenues including crowd funding, home equity loan, personal loans and lines of credit. I came across a web-site fo...
Mabel Luna
I am looking to get a HELOC on my rental property. Does anyone know a bank?
Hello BiggerPockets friends, I am working on two new construction projects that took almost a year to get permits, now permits are ready and I need to pay the remaining deposit. My plan was to pay the deposit with 0-i...
Tim Wilkinson
Interest only loan possible?
I have a hard money loan in two condos that I converted from a single family with in-law suite to two condos. The market is way slow and I’m getting killed with interest. We have about $120,000 in the deal.Is it possi...