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All Forum Posts by: Damon James

Damon James has started 17 posts and replied 37 times.

Post: Deed Transfer/ New Purchase

Damon JamesPosted
  • Grafton, WI
  • Posts 37
  • Votes 5

Question- if I become added to the deed of a property, and then the property is refinanced to make me the primary owner and to remove the previous deed holders, would I still need to put down the 20-25% down payment? 

Thank you! Very informative advice.

As I am building my REI brand, I am looking for suggestions on starting an LLC. What companies have others used to get their LLC started? How much is too much to start an LLC? Should I use a S-Corp or not?

Post: HELOC, PLOC, Personal Lon

Damon JamesPosted
  • Grafton, WI
  • Posts 37
  • Votes 5

For buying a property that could be a buy and hold or buy and flip, can you get a personal loan and use the funds from that loan to purchase the property?

Post: Education as they say.. is key!

Damon JamesPosted
  • Grafton, WI
  • Posts 37
  • Votes 5

@Scott Scheel thank you!

Post: Education as they say.. is key!

Damon JamesPosted
  • Grafton, WI
  • Posts 37
  • Votes 5

Just got my copy of Brandon Turner’s “Investing in Real Estate with No and Low Money Down! Education is key!

@Mitch Ferraro great advice . Thank you

@Marcus Auerbach thank you

@Scott Schultz thank you! How do you become a BPO?

@Rebecca Knox thank you. Credit is no issue for me at all, and your right on about stop listening to the positive energy.