Not sure if I am beating a dead horse here but I will shoot from the hip anyway as I couldn't answer my question by reading other discussions...2 part question.What is the best way to structure a private loan for a fl...
New Investor...from Sumter, South Carolina living in Macon, Ga. One (1) apt bought in a quadplex in Sumter with a line of credit and one (1) apt bought in a duplex in Warner Robins, Ga with a conventional loan. I woul...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Leominster.
Purchase price: $200,000
Cash invested: $50,000
2 family investment property. 3bd per unit.
What mad...
I live in WA state and have a deal in TN I put an offer in on. All cash offer - the only way I could obtain the property and the plan is to rent it out . 1) Should I start an LLC and in which state? WA or TN?2) Can I ...
Property #1: I am Closing on a 3/1 in a week for 65k using a personal loan/cash savings with, property will likely appraise at 80-85k. Intend to put a mortgage on it once tenant in place. Property inspection done. in ...
Hello BP!I am not new to the site just new to posting in the forum. I currently own several properties in northwest Florida and am nearing my conventional loan limit. What I am looking for is local portfolio lenders i...
So, my dilemma is I am buying a quad for 200k after property tax, vacancies, cap ex, etc it will cash flow 700. thats with 5% down owner occupant. It seems to me 200k is a lot to tie up for $700 a month profit every ...
Hey folks,I have been told by two lenders now that I need to put 25% down to purchase a duplex.Do any of you have lenders you can recommend that still use the 20% number?
Just wondering how much credit score plays a part in REI?I have a credit score hovering around 600 to 650 with only 1 ding on my report (a Chapter 13 Bankruptcy in 2012), but I have been turned down for preapproval wi...
I have recently filed LLC and planning to invest through LLC. So how do I get the mortgage on 1 month old LLC?Thanks,AT