Sanjay A.
Lenders lending to LLCs
Hi - Does anyone have recommendations for a conventional lender who can refinance investment properties (rentals) owned under a LLC? I am looking for properties owned in TX.
Nate Sanow
How to finance while creating a partnership with my bro
hi there, I am looking at getting the ball rolling on my first deal. My brother in law is very eager to be involved. Here is our scenario which I will follow with a question:I have some decent savings probably enough ...
Jason Haynes
Interest Rate Seems High: 5.5% 140K SFR
We're looking at a SFR around $140,000 and the rate our broker is quoting is 5.5% plus $7500 closing costs. This seems pretty high, but this is our first SFR in the Dallas, TX area. We've also looked a private money, ...
Kevin Fisher
Financing via LLC structure
I started off my LLC and currently own 1 apartment. I paid full cash for it. I would like to purchase a second one and would like to use financing instead of cash.
Can I take a home equity loan using the equity in ...
Rodney Walker
Crowd funding
I have an opportunity to seize some distressed property in the path of redevelopment in Atlanta, which would be the best option in today's RE investment climate?
Would it be best to go the crowd funding route...
Kyle Neff
Living off investment earnings
Hello BP Community,General question regarding using some of the cash flow from REI to fund monthly expenses. As an example, if I have 10 properties each bringing in $1000/month net for a total of $10k net monthly REI ...
Jane Z.
How to best sell a rental property?
Hi,We live in Atlanta. But we have a SFR rental property in St. Petersburg, FL that we would like to sell. The property is currently occupied by a great tenant. We bought this property more than 10 years ago when my h...
Wes Harrington
To build an ADU to help speed overall mortgage paydown - Yes/No?
So I have been tossing the idea of building a reasonably sized additional dwelling unit (ADU) next to our primary residence for a little while now. The reason for doing so would be multi faceted; largely to house add...
Kevin DeMaio
Cash Out Refi vs. Home Equity Line of Credit
What would my fellow BPers use to get started off on their first BRRRR. Using a primary residence, would you cash out refi or use a home equity line of credit and why? What would the personal pros and cons be for both...
Bienes Raices
Proof of Funds for LLC
For an offer made by an LLC, will the banks accept a POF of your personal funds, or does the money actually need to be in the LLC's bank account at the time the POF is given? Thanks.