I have been shopping around for lenders for a 20% down DSCR loan for a new short term rental property. One of them told me that if I close the loan directly into an LLC (which he confirmed they can do), then it won't ...
Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is ha...
I joined BiggerPockets 5 or 6 years ago, but never pulled trigger on a rental property because of analysis paralysis and lack of education I guess. I looked at some townhouses near Lake Ridge, VA area even before that...
I’m making the switch from multi families to commercial. I’d appreciate thoughts on this deal:Medical building priced at $1.9M. Tenant just signed a 7 year lease at $14,667/month with two 5 year options and 2.5% incre...
Hi All! My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip. I have a question about hard money. We are looking at multiple hard money lenders to ...
I am interested to hear how many of you have actually invested in POL and how your investments are doing. So far I have invested $105,000 in 16 of their loans with various investment sizes ranging from $5,000-$15,000 ...
First off, I’m a true believer in the saying “If you have a dream in life, you should seek and follow the path to obtain it!” In late 2006 we saw the real estate bubble come into play and wreak havoc on the housing in...
I have been doing HML for a few years. Really enjoy it and the returns have been pretty good. Am I crazy for wanting to start a private fund for HML? I really don't know anything about it except it requires SEC paperw...
Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...