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I have a rental property in the St Louis area, Illinois side that is completely paid off and I want to refinance cash out (25K). This home is owned in an LLC, so I have contacted a couple local banks. The ones I hav...
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Hello Everyone,I just purchased my first 5-bed, 3-bath house using my FHA loan, and I am planning to rent out the rest of the rooms. I would like to keep house purchases like fridge, washer, dryer, etc. separate from ...
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For find purposes in flipping houses is it better to have your money all in one bank in the savings account or spread through a few other banks?
I was recently pre-approved for a 60K conventional loan (investment property, 4.3% interest) . I need to put 15% down (9k), closing costs are waived if I buy in a LMIT area. I wanted extra cash on hand for repairs/Cap...
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Hi guys!, Quick question! I have a cash buyer as a buyer client of mine and we have been looking for on market buy and holds & flips. I am aware that I need them to produce a “proof of funds” to attach with ou...
If I buy a property as a primary residence with 5% down that is 30% below market value, then later down the road convert it to my first rental property, is it possible to do a cash out refi into the LLC leaving about ...
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Hey everyone I am new to Canadian real estate investing and have been told to buy my first property using a corporation however I've also heard that some banks won't allow you to close or purchase an investment proper...
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Afternoon BP Community,I am beginning my RE Investment after months of paralysis analysis. I will be investing in a Syndication after doing a lot of research and homework, I'm confident it will produce great cash flow...
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Hi there! I found BiggerPockets through their YouTube videos and became a fan and decided to become a member here, and I just wondered if anybody could give me advice.After reading several books by Robert Kiyosaki and...
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Hello!I operate an Airbnb listing, renting out the second bedroom of my primary residence (which I own). I recently opened an LLC for my other rental properties. With that, I have also opened up a checking account to ...