Matthew Rembish
Home Equity Line of Credit
So I recently met with a contractor who does many rehab flips a year and being a new investor, I asked him what was the best way to fund these kinds of deals with the limited money I currently have. He told me to go t...
Austin Smith
Non-recourse loan for fix and flip?
How easy is it to get a non-recourse loan for a fix and flip?I’m just thinking what is the worst case scenario for a fix and flip? If I get a non recourse loan and don’t have to personally guarantee the loan and put t...
Aries Li
How to Pull fund out from LLC after Refinance
Hi,I have accumulated several single family houses in Indianapolis and was thinking about refinance and move them from my name to LLC. Assuming I was about the do a cash-out refinance using a portfolio loan, the fund ...
Ty Wesley
Paying My Rent With A Check
An older friend of mine recently told me that me paying my rent every month with a personal check instead of a money order will have a positive effect on my credit. Anyone ever heard of this??
Matt Liu
Recourse loan when poor to begin with
I am thinking about a big commercial purchase, however the loan will almost certainly be RECOURSE. My question is does it even really matter if I don't have very much in assets anyway? What I do have is in multimem...
Samuel H.
Security Deposit Refund Method - Money Order or Bank Check?
Hello BP! I'm a new landlord here, and I just had my first tenant move out (it was a VERY short lease). I've gone through all of the steps for moving out, and now I only have to return the security deposit. What me...
Cliff T.
Using Solo 401k to do hard money / private lending
Hi all,I am hoping to get into the world of hard money / private lending using my Solo 401k and had a few questions.1. I have approx. $120k in my Solo 401k but the deal that I am planning to fund needs about $180k. Is...
Bienes Raices
Personal checks from tenants
Do I have this right: Only take cash or money order for the security deposit and first month's rent, but then it's okay to accept personal checks from then on?
(This rental is not in a low income area, so I assume mo...
Rafael Ortega
Buying Real Estate under LLC or your name
Hi Team,
I have two properties under contract ( single family homes). Should I buy them under my business name LLC or just under my name? these will be my very first rental properties. I will use hard money lend...
Uwe S.
Upfront fees for due diligence from private money?
Originally posted by Nikko Lawson:I was recently contacted by a private money broker who works for a group called Kingdom Financial (website listed below) and we're working to get a MHP deal funded. Everything seemed ...