Hey everyone! My name is Ashlee from Baltimore, MD. I currently have 3 rentals- one SF, one duplex. Im looking to scale but my credit isn’t in the best spot right now and I don’t have much reserve. Im not against the...
I've recently formed a self directed IRA account. Would I be able to sell a property I currently own to an investor and provide that investor with a mortgage for that property from my self directed IRA account?
I bought a rehab property for 30k in Columbus Ohio 1 year ago (2000+ sq ft, 3bed 1 1/2 bath, attic and basement) I recently received some comps and similar sq ft houses with 3-4 bed and 2 bath are being sold for $100,...
I just got off the phone with a lender who said I won't be able to get (traditional) financing anywhere unless I sell my house.I have one rental property with about 10% equity. I'm currently living in a property with ...
I know there is a long debate on this topic as to forming an LLC at the very beginning or after getting the ball rolling and waiting till a few properties in (I'm interested in buy and hold btw).I know the formation o...
So I was recently notified by my partner that he found out LLC's usually don't usually get approved for mortgages on any properties that are under 4 units by banks. I was just wondering, is there any truth to that? ...
I wanted to get the community's thoughts on my financing strategy. It is as follows:
-Getting a $25,000 home equity loan through credit union.
-$25,000 loan will be used for money down on hard money loan.
-Hard mon...
Hello,
I was wondering if any of the seasoned real estate investors here have a RE license. Are there more advantages to having one? Increased liability? I'm trying to figure out what would be the best way for me to ...
My long term goal is to build a portfolio of rental properties. I'm thinking about starting to rehab and flip homes to build more capital to invest in apartments. Does it make more sense to find partners and invest ...
Hello everyone,So far I have reached out to a few HMLs and have had zero success, I recently purchased a property cash in Cleveland, OH. Every time I speak with a HML they say the loan is too small. Take a look at the...