Dave Green
Advice on the next move
I realize that I probably need to hire a financial expert to truly assist me with this question, but I’d like to ask the community how they’d look at this situation beforehand because my wife and I are relatively new ...
Bryan Hancock
Mark Torok Subject-To Stance
Has anyone reviewed Mark Torok's "program" for taking title subject-to? I know that this mostly ties in with Phill Grove's AMPS program, but some of the folks I have talked with recently recommend it for informing th...
Jacob Dionne
The NEXT one......
Hello Everyone! I have had some great success with a VA loan in San Diego in my 2 bd 2 ba condo. It has allowed me to gain wealth faster than renting, but now I find acquiring the next property very daunting. I feel a...
Graham Northrup
Obtaining a Loan as an LLC
Greetings BP Hive Mind! I hope you are enjoying your New Year's Day. One of my goals for this week is to get prequalified in order to make offers.However, I will be doing so through my LLC, and most of the loan inform...
Ruchi Patel
Mortgage broker fee
Currently getting a second conventional loan on a 2 family investment property (25% down). So basically I went through a local mortgage brokerage firm and the loan officer all along told me I was paying 1% in point fo...
Dave Elim
25% down required?
Hi all,Got an offer accepted on an income property duplex in Wisconsin for 125k and the lender is asking for a minimum of 25% down. Is this normal? We currently own an ADU that is on our property that we have a HELO...
Krista Moulds
Looking to buy an existing portfolio of properties - loan help!
Hi all - I am interested in purchasing a block of 15-20 investment properties through my LLC (as a portfolio) and need some advice on financing. All of the properties are income producing and/or easily flippable. I...
Callum K.
Can't get a loan due to debt to Income... Ideas?
Hi!
I have been lurking around BP for a while and am very much appreciative for all the insightful information.
I recently sold one of my businesses and have plenty of cash to go buy multiple properties. I already o...
Sherri Southwell
Becoming A Hard Money Lender
I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
Alicia Marks
JV agreement signed- accountant says I can't use for taxes
I have several properties I did a JV agreement on with someone while we were feeling each other out. We have since formed a joint LLC, and properties we held were moved to it at refinance. The issue is at initial purc...