All Forum Posts by: David Silber

Interest rates are gonna be way below average for a long time!

The fed's raising of short term interest rates only has an (arguably slow) indirect effect on mortgage rates. And even if rates will increase by a full 1 percentage point within a year, you'll only end up paying an additional $60 (approximately) on a $100k loan. 

If that's enough to make your plan unprofitable, then you probably need a different plan anyway...

That's great!

I'm actually taking mine online (realestateu.tv) for just $89 (after easily finding a coupon code online).

I haven't thought about taking the exam yet. Good going!

I'm working on buying a 2 family rental with a money/credit partner. He wants a guaranteed return. He'll bring the down payment and the mortgage, and I'll pay him a personally guaranteed %15 return on his down payment.

It's a great deal for me too since I'm effectively paying %7.5 interest on a $0 down (or nearly $0 down) investment.

I'm thinking of forming an LLC and have him lend it the down payment and then the LLC would pay him %15 annually and I'll keep the rest.

Would a bank lend to a new LLC (preferably owned by myself) with the backing (recourse loan) of a qualified individual?

Is there any better way to structure it?