HEY !!! IM LOOKING FOR SOME HELP ON GETTING MY
BUSINESS OFF THE GROUND. I KNOW THE BUSINESS I
JUST NEED HELP IN SECURING MY FINANCIAL BACKING.
I HAD FILE CHAPTER 7 BECAUSE OF DIVORCE REASONS
HOW CAN I SECURE MONEY WITH OUT ANY COLLATERAL.
???
Buy some REAL ESTATE
Go with Hard money and use the collateral in the equity of the house.
All HML care about is equity not so much in your credit other than seeing your payment History.
Then sell the house and use that money
I hope you are say about getting a RE business of the ground because you where not specific on that?
As far as a regular business try a capital venturist or a “Angel”(some one who gifts you money)
You could call a company that specialises in goverment grants for business start up money.
Is there Financing (HML) for investors who want to purchase using a s-corp?
If an investor purchases in s-corp…are there HML options that do not require personal guarantees from the s-corp?
Well most SFR HML want a personal guarantee, This is usually not big deal about a personal guarantee because it is not going to record it on your credit report.
Plus if you want to your S corp to buy it then you need to go with a commercial HML and they usually do not do loans under 300k-500k
Where do I find more information on s corp/commercial real estate investing?
What do you want to know?
How to purchase real estate investment properties as a s-corp?
Are there any laws specific to Texas that I should know?
Can you purchase, rehab, and refi with s-corp?
Which HML lend to s-corp?
Well, in TX you will use the same laws that are in place now when in comes to buying SFR will still apply even though you are using HML
Are you buying 300-500k worth of properties at the same time?
Commercial lenders want to make it worth their time.
SFR HML they have all kinds of ranges.
Why is it so important to buy in the s-corp and not doing a personal guarantee?
is it for protection? or credit?