Michael Heredia
Down payment funds for rental property loans
How much did you put down for your rental property loan? What are the source of these funds?
Just trying to see if I should continue to save or if there are other creative ways to secure the down payment funds on tr...
Tyler Smith
LLC re-financing questions
I'm starting out and looking to do BRRR deals. I have a question about Refinancing using an LLC. IF I have a private hard money loan/line of credit for a property and I am on the refinance stage, will traditional bank...
Nathan Waters
Portfolio lending
What are typical portfolio loan rates compared to conventional mortgages? Do they usually come in 30 year fixed like traditional? or are they more similar to commercial loans with 5 year balloon payments? My specific ...
Terry Wheeland
Where are you getting your best deals?
I'm curious to see where everyone is finding their deals! Wholesalers?Agents/MLS?Direct Marketing?Clubs?Let us know! We are west of Chicago and always looking to network!!
Reece O.
Business Credit vs. Personal Credit
Hello,
I have heard when applying for business credit, such as a loan in the name of an LLC, that personal income isn't as much of a factor as much as your business and personal credit profile. Is this true? Can you ...
Ashley Holden
50k start up loan
I'm just starting out and I figure I need 50k to start the BRRR process. My credit score is in the low 600s. I just brought a duplex. Not know much anything at all I messed up and brought my duplex with no equity left...
Mark Shafi
** Day In A Life Of A REI **
Hello BiggerPocket Friends!I'm new to real estate investing; truly excited to learn more and get started. I am interested in finding creative ways to take on rentals to build passive income; hopefully, eventually beco...
Jeffery Leon
Financing Problems due to High Tax Deductions
I have a W2 job as an engineer, have been paying cash for all of my current investment properties and rehabs. I was able to deduct all of my W2 and rental income for tax purposes through real estate- Thanks to learnin...
Doug Lovett
Why do banks allow subject to financing?
I am under contract to buy a house subject to the existing mortgage. This is my first subject to deal. I'm wondering about the due on sale clause. I've heard from several investors that banks virtually never exerci...
Robert South
Estimating Selling Costs when disposing of Rental Real Estate
When evaluating a rental property and considering selling expenses, what is a good realistic ballpark estimate. The properties I'm considering are around $70,000. I've heard 6% realtors fees + 2% misc for a total of...