Tried to cash out with ally bank and they asked for 2 years salary proof. Is this a standard requirement from banks or are there others with less strict requirements of say a few months income proof?
Investment Info:
Large multi-family (5+ units) commercial investment investment in Fall River.
Purchase price: $750,000
Cash invested: $220,000
This property is a project. 18 unit renovation happenin...
Hi All, I own a number of rural properties of varies sizes and one of them is a very undesirable postage stamp size lot. I really never expected to sell this lot. It was part of a bulk purchase and the seller insis...
Hi everyone, I'd like all TX investor's opinion about getting a Powerwall for back-up electricity.
Quick info about mine and my wife's home: 4 bedroom/2 1/2 bathroom 2 story house in New Braunfels that we have as our...
Hey, everyone, I'm 24 years old I started to look to buy a 2 to 3 unit home in North Nj 4 months ago and was told I do not qualify for FHA because my unemployment gap was more than 6 months and my business income net ...
I am working with a partner to purchase our first single or multi-family home as a 50/50 split. (Don't worry-we have our own formal agreement detailing everything out). However, when it comes to actually obtaining a m...
This may be a stupid question, but are there ways to get a loan without a job or proof of funds? Looking for different ways to raise capital and understand partnerships a little better.
Hello BP Community,I was wondering who has experience with using hard money lenders, in the tristate area, and what have their requirements been . Some ask for a specific amount liquid assets in order for you to pr...
If so, Where did you incorporate? Where are you banking? Are you getting portfolio loans in CA or in TX? I'm looking to set up a Corp., hold 5 (TX) properties and then do a portfolio loan on these and keep buying more...
Hello everyone ! I am very new to Real estate investing and I do not own any properties yet. My question is, should i file for an LLC while i am educating myself or stay as a sole proprietor and wait until I get my f...