Sometimes when people hear the kind of interest I pay they will get so excited about loaning me money that they want to hand me a big check right on the spot. This is not the way to handle the situation. I want them...
So I got my LLC all set up and ready to go. Should I switch the two rental's I currently own over to it. Or one rental per one LLC? Any advice will help this is my first LLC.
My loan processors for a lender I won't disclose out of the nowhere tells me after factoring the accurate numbers for (HOI, property taxes and flood ins) my ratio came higher than acceptable and to contact my loan con...
Hello Fellow Investors,
I'm still a newb and have not found my first deal yet. Recently I was having a chat with some patrons at a coffee house. They told me that they recently purchased a house using 401K funds as a...
Hi BP!What would you recommend in terms of financing for a first time rental property investment (buy and hold) and looking to purchase a second rental the year after?Situation is as follows: funds of 25% purchase pri...
Hello
I have recently been approved for a $500k FHA loan and I am looking into something in the NYC surrounding area. I have a steady job working for the City of New York for about 2 years now.
Any advice on what...
I have been reading some commercial Deeds of Trust in my spare time (I need to get some more exciting hobbies!) and I was surprised to discover that it is common for the lender to consider basically any change to the ...
Need some help here.My wife and I have about $130,000 in school loans to pay off at 3.5% and right now I have similar amount of money in the bank. Is it a good idea to pay off the loans, or is better idea to use it to...
Hi all newbie over here
I own a multifamily n mass I want to buy a multi n Rhode Island can I buy with a 5 % down and go conventional ? What are my financing options?
Thank you
To those of you have been successful in investing, have you ever used private lending? How does that usually work out as far as profits go?