Account Closed
LLC funding another LLC
My uncle who is my private lender has been allowing me to purchase single family houses under his LLC. I started my own LLC and I am looking to start purchasing the houses under it. What would be the best way for him ...
Anthony Gayden
Second FHA Loan After Buying with Conventional
Good morning Bigger Pockets.I have a question regarding my eligibility to obtain a second FHA loan. I purchased a 4 unit property in 2014 using an FHA loan I lived there for about a year before I got a new job 1000+ m...
James W.
Fear of getting sued for renting out property.
I would like to continue renting out my house but I heard that if anyone is injured on your property, you are liable. Is there insurance to cover against this?
It seems like anything can happen on your property. Is...
Raul Fernandez Jr
What would you do in my scenario. Looking to purchase second property as investment.
Hi Community,
I am in a position where I can tap into the equity of my primary home to purchase a second investment property. I’m seeking guidance on how best to approach this situation and would appreciate your tho...
Richard Howell
Private mortgage lent from your Solo 401k
Doing a private mortgage out of my solo401k for someone's new purchase of their primary residence. Can I do the mortgage amount higher than the purchase price in order to escrow money for home improvements on the pro...
Julio Vazquez
Trying to get a loan with a late payment on previous loan.
I am in the process of trying to buy another property. The problem that I am having is that 4 months ago I had switched banks but continued to pay my mortgage from the old account. I realized the issue and caught up ...
Carole Murry
Commercial Mortgage Qualification
I can’t reach my mortgage agent due to the holiday weekend. I’ve been in negotiations to purchase a commercial property with a reluctant seller for some time now. He’s finally agreed on a sale price which is $25k high...
Ersin Eren
Loan Qualification for Self Employed
I am self employed and my past 2 years tax income is average 25K and wanted to invest in 4 unit which cost around 700K. I talk to mortgage broker and he says ;you can typically borrow 4 X’s the annual income you repor...
Michael Newman
Private Money to Seller Financing?
Is it possible to have a hard money loan and seller financing at the same time? Does this cause conflict? I have no credit, will this be possible?
Vamsi Peddinti
Any recommendations for Commercial Multi-Family Loan of $700K
We are looking for lenders for Commercial Multi-Family Mortgage for $700K. Our down payment is 30-40%. Please suggest lenders for a 20yr or 30yr fixed loan.