Jordan Epping
Refinancing and Hard Money
Forgive me if I am missing something simple here. But thinking about the BRRRR process. I am no longer eligible for traditional bank financing, so I am working on securing hard money for my next property. If my goal i...
Steffy Tschida
Can there be 2 parcels separate owners but both have my address
In 2010 I made an offer for cash on a home. AMT was 100k the Bank who was owner as it had been foreclosed on in 2009 came back with 105k I signed. Same day my Realtor called said I had to purchase an additional parcel...
Jasraj Singh
How can take another loan for fixing the property after buying?
I just wanted to know that If I buy a property after bank loaning me money and then if again i need money for fixing it will the bank lend me again? and if they would then how?
Lear R.
Banks Capping Investment Properties to 4?
I was recently told by a mortgage banker that banks has capped the amount of properties a individual or a LLC could have open mortgages to four, three investment properties, and one personal residence. Is this true? W...
Marcus Wright
Obtaining Unsecured Loans
For 2023, I’m thinking over a few ways to add more assets to my growing portfolio. Ran across the thought of obtaining an unsecured loan to help assist in my growth. The lenders mentioned the loan would be in my perso...
Chad Hurin
Bought duplex personally but now want to have my LLC own/manage it...
Hi BP,In May I bought my second REI deal. My first deal was seller financed (see my post HERE) so I didn’t need to involve banks, etc and made purchase with my LLC. It’s owned and managed by my LLC with no inter mingl...
Patrick I.
Rental property without LLC - Due on Sale Clause
Hi everyone. I am fairly new to the forum and have been doing a lot of reading to prepare myself for my first deal. I met with a mortgage originator at one of the large bank in Minnesota today who told me that a trans...
Jennifer Hollstein
Accepting rents online
My family has an apartment complex and currently we do not have a website. I want to get a website for our complex to put useful information on there for the tenants.One of the big things I want is for tenants to be a...
Jack W. Wong
financing for a LLC
How hard is it to get financing for a LLC?I will be investing in small multis in Houston texas with a partner.Anybody have a lender who gives loans to LLCs?If so are the rates favorable?
Ryan S.
Do I need a JOB to get a loan? Full time flipper no profession.
So I am trying to get a traditional loan to be able to flip more houses because my bottleneck is funds right now. I know that I can go the investor route but my question to everyone is "will a bank give me a loan"?I ...