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Sometimes when a deal is structured, both Hard Money Lenders(HMLs) and Private Money Lenders(PMLs) are involved. Let's say, for example, you find a property for a $125K purchase price, and it needs $50k in rehab but w...
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"X" LLC will hold title to the property for which the loan is made."Y" LLC is the managing/holding LLC of "X"To which LLC should the loan be made?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $410,000
Cash invested: $15,000
Partnered with my brother on this house while I was still living in Kentucky. This ...
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I think I confused myself. Most hard money lenders will require you to close in an LLC. How are people refi'ing in a conventional loan after their rehab to get their cash back out? Don't think you can get a convention...
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Investment Info:
Single-family residence buy & hold investment in Lake Arrowhead.
Purchase price: $553,000
Cash invested: $128,000
Short-term rental all done on Airbnb. I manage and host.
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I purchased my first rental property a little over a year ago in a great location for commuters. I am 1-3mins away from major highways and 3mins away from Newark Liberty International Airport. I am currently house hac...
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Hi all, First post ever. I'm evaluating different avenues into the real estate game. I know wholesaling is often touted as "easy" and "low risk" but I understand it's pretty complex. Would love to chat with a wholesal...
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Is Dual Agency something to be avoided?Situation: I went to a rental showing because I was interested in purchasing within the building at some point. The showing agent happened to be the owner of the unit, who is a...
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My rental condo is located in a very competitive rental market, just outside San Francisco, Ca. The town, Albany, does niot have rent control. I have an easy time finding tenants with no vacancy time between them, an...
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Is There Really a Way to Make Sure that the Tenant You Chose Will Pay the Rent?