My grandfather owns his house free and clear. I've run the idea by him about taking out a HELOC to help me purchase a property and he seems inclined to do it. My question is does the property have to be in my name to ...
With the current housing market being so competitive, how do you see private money lending playing a role in securing properties quickly? Are you leveraging private lenders to gain an edge over other investors?
Not a true "Clevelander" but about 30 minutes south. Left my previous full time roll as a senior logistics leader last fall to venture fulltime into real estate. I did this with seven years of preparation, maybe waite...
Can the operating agreement be drawn up before the LLC and bank account is created?
I am a CRE Investor of 4 years raising capital to fund my next deal hopefully within the next 3-4 months. I have been familiar with wholesaling but have recently double downed to ensure full understanding before activ...
Hey BP! Got a question for those of you who may have done a 50/50 partnership on a rental property. My partner and I are looking to split all the costs of a turnkey rental equally. The loan will be in my name. She is ...
Hello Everyone,I am very excited to be part of this forum now that my daughter and I are starting this new journey of investing our money in real estate. We recently purchased our first house in OH, far away from our ...
I entered a fix and flip deal with a partner 50/50. I have a LLC and he has a LLC, for this property we did not form another llc, just drew up a joint venture contract. My LLC bought the house 20k on 5/15/2017, we spl...
My partners and I are meeting with a mortgage guy this evening, in anticipation (and in the hopes of) financing our first deal. Which questions should we 1) be prepared to ask; and 2) be prepared to answer? Thanks!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $220,500
Sale price: $375,000
A new wholesaler approached me through social media who wanted to start working wit...