To get money from a hard money or short term lender do you need an LLC formed? I have looked at some through bigger pockets like LendingOne, I believe it was called, and they ask for business information.
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I just got approved for a mortgage in Humboldt, California.
It was an absolute nightmare with self-employment income being verified by fannie mae/freddie mac rules, and not being able to use income from new LLC's I h...
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Novice investor - currently have one SFR purchased by a multi-member LLC in GA. Under contract for a triplex in SC and considering setting up an in-state LLC or registering current LLC as a foreign LLC. Wondering if i...
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Please for give the newbie question, and if the answer has already been posted, please just reply with a link to that thread if you would, please.
I own a small business (LLC with 35 employees) currently, and it has...
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Hi Bigger Pockets,
I’ve been doing a lot of research and am currently in analysis paralysis (also a little nervous to take the leap into Real Estate). I’m really interested in learning how to flip houses in Georgia b...
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Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following:
P...
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Hello BP Community,I got a MFH loan for $400,000 with my personal bank (Wells Fargo) back in June. It doesn't expire until October. The interest rate is 3.625%. WF has high lender fees and the interest rate could be b...
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I have a friend that has a fair share of liquid assets and he continually makes comments that he would love to invest in my first house flip. I am now ready to move forward in this business, or close to it so how do I...
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So in Feb 2014 I will be trying to get pre approved for a mortgage. My issue is, my monthly income is only about half my total income (the other half is split amongst quarterly bonuses. So my question is when getting ...