Melissa Jones
Q for CPAs. David G once mentioned doing a loan every 15 yrs
Hi CPAs, David Greene once mentioned taking 15 properties where you own them free and clear and doing a loan on one every year for 100k for a 15 year term and every year doing this with one of your properties to live ...
Kenny M.
EIDL loans and purchasing fixed assets
I was talking to someone and she said if a company receives any EIDL loan they cannot purchase any fixed assets during the time you have the loan outstanding. Should this be true, what happens to people who have the l...
Brad Tamm
How to borrow money from friend wanting to invest
I have come across a very good deal and am digging deep to come up with the cash to make it happen. I have a friend who has the cash and is considering linvesting in my project. The plan being to purchase the house ...
Jason Hillier
First property, created LLP, do I need to quit claim into my name to get a loan?
Hi BiggerPockets!
New investor here, I hope you can help me clean up this mess! I'm just finishing up a remodel on my first property which I was originally planning to flip. At the time, my brother and I crea...
Venkat Vankipuram
Looking to cashout refi on a condo
Hello all,I own a condo in Scottsdale AZ, that's currently on a seller finance. The current LTV is around 53%I would like to cash out refi. I need advice and options on how to proceed.
Parker Judd
Financing properties in oregon
I am 22 from Oregon. I own a painting company and have no employees right now, i work 50 hrs a week for myself. I have about 8k saved for a duplex (or another small multi-family) and i wanna know where i should get my...
John McCormack
Can I combine a conventional and private loan for mortgage?
What if our primary lender is only willing to loan 80% LTV for a duplex I'll be living in one side of, can I then come up with a bit more cash through a private lender such as Prosper or Lending Club or personal frien...
Traci Lovelace
Reality check please- this is probably a good deal
I have a LLC owned house that I'm going to renovate and sell. I've been financing with an equity loan previously, we paid that off with the last sale and would prefer not to get into that again.Our local bank is happ...
Nick G.
Bank recommendation for loan in New jersey
Hi everyone,I have three rental properties in Union County, NJ that have been rented starting 2011. I own them free and clear-no mortgage etc. I am looking to get a "cash out" loan on the equity in these properties.Wh...
Chadeesia Dunkley
CASH REFINANCE?? BUYING SECOND PROPERTY
I bought an out of state turn-key property 2 years ago, valued at 165k in Atlanta. I put down 20% using an investment conventional loan (about a total of 30K). I have had a cash flow of about $450 to $500 a month from...