Mike Matern
Personal Loan as Down Payment on Conventional Rental??
I'm planning on buying my next rental property at the end of this year using conventional financing. I currently have 2 rental properties, so in addition to the 20% down payment I will also need to show proof of fund...
Jessica Howell
Funding LLC's, deposits and draws
Hi everyone,
I will have 2 LLC's shortly. How can I go about transferring emergency funds between the LLC's as needed? What about depositing personal money into an LLC or drawing money from an LLC to put in a persona...
Blake King
Small inheritance! Invest, save, student loans??
Hi guys!
I recently was given $10,000 from my grandma, as she has liquidated some of my Grandpas "toys" as he passed away a year ago. I have about 35k in student loans, with a relatively low interest rate (3-5%). I ...
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How does everyone here mostly buy there properties ?
How does everyone here mostly buy there properties ?
Cash ?
0 Down Financing ?
10 - 20 % Down ? ( Does anyone here do this ? )
Equity ?
Owner Financing ?
Anything else ? ......
Andre Jernigan
2020 Goals- What are your plans for the new year and Decade?
Good morning everyone! I hope everyone has had a great holiday season up to this point and continue to do so up through the new year. As I sit here and reflect about accomplishments, people I’ve met, and all things th...
Jarrod Ochsenbein
Private lending in 2nd position
2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
Nick Kendall
Purchasing First BRRRR Investment Property with a Partner
Hi All,Really excited to have discovered Bigger Pockets and this awesome community! I am a new/aspiring BRRRR investor and this is my first post to the forums. My wife, Morgan, actually got us started on this financ...
Donny Hogan
What is the best way to present to a private lender?
I have a friend that has a fair share of liquid assets and he continually makes comments that he would love to invest in my first house flip. I am now ready to move forward in this business, or close to it so how do I...
Charlie Gomez
Should I refinance?
I am currently following Dave Ramsey’s plan on finance. If you don’t know it is summed up with 7 baby steps. I’m on step 6 which is pay off your home early.
I currently have a 15 year loan at 3.3% with 11 left if I ...
Deyano M.
Best option?
Hello all mortgage brokers, lenders, and financial gurus!
I am looking to buy an investment property in the $90-$145K range. Initial thoughts were to take a HELOC out with a family member on her home which we could g...