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Results (10000)
Account Closed Does business credit/debt affect personal credit score/DTI?
29 November 2020 | 11 replies

I have an LLC for my real estate startup, but I have neither the capital to get it off the ground nor the credit score to secure funding. I have a potential partner who I am willing to sign on as a 50% partner in the...

Steven May Putting Properties form personal name to LLC
8 December 2020 | 3 replies

As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...

Wilfred Mkilindi Bad timing for me to start REI
23 May 2020 | 16 replies

Just when am working on my first deal on a small SFH to get my feet wet in REI got furloughed (my full time W2) and there is a possibility of layoff the company is looking at. What should i do about REI, i dont not wa...

Greg Zunich Live-in Flip vs. 2-4 Unit House Hacking
20 March 2018 | 10 replies

I have been looking to buy my first house and want to find a 2-4 unit to house hack with. Everything I have found thus far will cash flow when I rent it out when I move out and will be about break even, some loss, if ...

Ali Sheik Buying out of state
29 September 2016 | 11 replies

I am in California and looking to possibly purchase my FIRST investment property. Property is in Florida Tampa area. 8 unit $450k. Is this ill advised? Would you buy a place sight unseen? Would paying for an appraiser...

Will Carter Structuring my private money...
13 December 2016 | 8 replies

So I'm ready to jump into this real estate stuff...I have my private financing acquired to get started but am trying to decide how to structure it all.Most of my private lenders would be fine with a handshake but I'd ...

Jason Wu Legal Protection and Partnership
20 December 2018 | 7 replies

Hi everyone,We are looking for some legal advise.My partner and I have a duplex currently fully rented and is collecting income.  The title is under my partner's name and he also assume the entire loan.  I pretty much...

Maria G. Do you disclose minimum requirements to applicants?
11 October 2018 | 16 replies

I have learned that requiring 2.5 to 3 times the salary is the norm. Do you let applicants know if they ask you?On the one hand, I have read that it is better not to give out much information; on the other hand, I fee...

Thomas S. Working My Way Through Potential Fraud - Bad Lend
13 October 2018 | 11 replies

Good morning all,I have been doing gap lending for a few years to a fairly local LLC. They did a few successful flips and paid me according to the contract we drafted, which was good.I have two houses I lent for (prom...

Sid Jones Thoughts about post-Harvey and the area flooded by the reservoir
31 March 2019 | 12 replies

So, I'm noticing some good values in the area downstream from the area flooded by the Army Corps of Engineers. Given that it is unlikely they will do that again any time soon, and that mitigation projects are underway...