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We just formed a LLC with 5 members with 100K each with intention of applying for 2M loan. There is a bank that seems to be willing based on personal guarantees - asking each member to fill out PFS. The loan is going ...
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An unsecured credit line option can be used to purchase, rehab, and flip real estate, allowing you to leverage resources to do more deals, and increase your bottom line on each and every property.There are source o...
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I’m setting up an LLC by the end of the month so I don’t lose my momentum. I’m in TX and plan to use it as the entity holding the contracts for wholesale deals and eventually purchase multi family properties with it. ...
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Hi all I’m 32 year old guy with $42000 ready to invest I am from the-north New Jersey area I’m looking to invest in Pennsylvania in a 3-4 unit to produce monthly income im soon to be married and my credit is about 70...
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How would I be able to buy a property initially and cash out refinance using the BRRRR strategy if I cannot prove income at the moment? That's the biggest hurdle I'm experiencing in my planning for my future cash flow...
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Hi BP,As I'm actively raising funds, and searching for investors for a syndication deal, I had multiples offers to purchase a list of accredited investors interested in the multifamily segment. Has anyone ever purchas...
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I'm wondering what is the best approach when searching for commercial/multi-family units as investment properties in NJ. My experience has always been in sfh and always used my residential realtor for most deals. Is i...
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I live next door to a brick 2-flat in Chicago that has been vacant for 20 years. The owner stops by to cut the grass and pick up the mail once every few weeks. He comes during the day when I'm at work so seeing him in...
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Hi all,
Can some of you foreigners that have invested in the US tell me how you build your team or 'boots on the ground'?
What was it that enabled you to decide that you could trust that that person has your best in...
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Let's say I already formed a new LLC that would be designated for REI. How do I get business credit strong enough to avoid having to personally guarantor commercial or residential mortgages through my business? Is th...