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Results (10000)
David West Is my mortgage broker right? I won't qualify for 2nd home? Why?
22 January 2020 | 18 replies

My wife and I purchased a SFR in San Diego, CA in 2015 with an fha loan. Appreciation has been great and I've refinanced out of that loan to a conventional loan and opened up a HELOC with 58k available. We want to mov...

Ricardo Garcia Running a new property under a new LLC
25 August 2021 | 8 replies

Please, looking for advice. For example, Can I use the LLC’s bank accounts to maintain and run new property financial books?
I’m a rookie in the process of acquiring my first property in Katy, TX. Closing date Sept...

Flora Granter Tenant screening - need help
4 April 2017 | 42 replies

We got a tenant application for a 2006 single family house with monthly rent $1425. The applicant has a nice credit score of 702 and monthly income of $5000. Based on tenantsearch check, he has no criminal history a...

Andy Chen Land Contract vs Paying all Cash
8 December 2018 | 13 replies

I am interested in a Land Contract for an investment property in Michigan so more funds would be available for additional property purchase. If I am able to pay cash on a property, say worth $100,000, what are the con...

Amanda Lindsay Need creative ideas for a loan
31 January 2024 | 9 replies

Hello, I recently started a property management company and currently manage around 80 properties. I also have a rental property that is paid off and in my name. I would like some capital to fund my bank account and p...

Roy Schauer Tightest Foreclosure Deadline Yet!
10 January 2014 | 4 replies

This is my first post, after many comments on BP, so let me know your feedback! A little on this story so you understand the situation. This story started almost 6 months ago. One of the properties I had pre-qualif...

Justin Turner Paralyzed by financing fear!
31 May 2018 | 27 replies

I am stuck. I make $44,000 year salary.No debt.No rent. (parents old house) $20,000 in savings.1. Should i look for a portfolio lender first or just go through the conventional route? I just dont want to get to 4-10 p...

Melissa Williams Advised to Start LLC not TX Series LLC
1 July 2022 | 20 replies

I was recently advised by an attorney to open up a traditional LLC to not complicate overhead, accounting, bookkeeping when starting out. While a LLC could be sufficient, I did not want to have to transfer properties ...

John Nail Creating a LLC, renting to myself
9 November 2010 | 15 replies

If I buy a duplex and live in one side, can I create an LLC to control and protect both sides?

Basically I want both rent payments to go to the LLC to pay off the mortgage faster. I figure if I have to rent an apart...

Brennan Davis How to finance your down payment
4 February 2020 | 11 replies

So. I went into the mortgage lender at PNC today to just pick their brain about getting pre-qualified for loans towards investment properties. Sweet lady, but hard to follow. From what I have in my notes. It appears ...