So I understand LLCs. I'm not looking for a lesson on the benefits. I am 1 fax away from having an attorney set up my multi-member entity, Operating Agreement, etc.I also understand the reasons why banks don't like le...
Good Afternoon,I was just wondering if any Canadians/ Australians had any luck in the past in Refinancing a property in America. I currently have a rental property that is Cash flowing nicely in Northern Florida that...
Any recommendations for institutions that can extend a line of credit backed by a whole life policy? Thanks
There is a lot of speculation in the market that investors should not buy real estate during a bear market or high inflation period. But the fact is, in the long term, if you own property then your money has a constan...
If I have a borrower sign a personal guarantee on a loan that is unsecured by property, let's say $300K, and he doesn't pay after a while, of course I can't foreclose. There is no security. But as for the personal gua...
How successful have folks been borrowing in LLCs without personally guaranteeing the loans?For those who have done this, do lenders rely on financial statements of the LLC to get comfortable with not requiring a perso...
How can i do this??????
My partner and I are new to real estate investing and would like to mitigate our risk in regards to our personal assists. We are in the process of forming an LLC, and will each be funding our business account under th...
How do I finance a commercial property in an LLC with no personal guarantee? A lot of people say oh you always need to personally guarantee because the lender wants to minimise their risk but I know it’s possible.Is t...
Hey BP,I'm considering investing with a group that does flips and they provide a corporate guarantee backed by both their liquid and non liquid assets on all investor funds that they accept.While I have some familiari...