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All Forum Posts by: Matt Good

Matt Good has started 38 posts and replied 112 times.

Post: Obtaining line of credit through LLC

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

@Michael Baradell you have any luck with this? I too formed a LLC and I'm about to shop around...

Post: Credit Line??

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

I have multiple 25k unsecured personal lines of credit that I haven't tapped into yet. Since they're already established with my banks, can I advance all 25k from all LOC's or will they stop loaning to me? Probably a silly question but just wanna make sure!

Post: Which system is cheaper to install?

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

@Erica Nagle how old are the radiators? Older radiators are worth a lot of $$$

Post: Short term capitol gains

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Post: Short term capitol gains

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

@Wayne Brooks what is a capitol gain then?

Post: Short term capitol gains

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Can somebody please reiterate to me how short term capitol gains are taxed? Specifically with flipping. There seems to be a lot of confusion on this subject with Investors that and it's often overlooked in a Deal Analysis.

Post: Need Help with Deal Analysis

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Hi @Dala Daniels I was just curious as to how many comps your agent provided you with and how recent they were? Anything in the last three months? ... Have you made any headway with this potential buy in the past few days?

Post: 50,000 line of credit

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

@Ty Downing I'm curious as to how your 50k LOC panned out with NFCU? I recently formed my LLC, am a Veteran and have been shopping around for LOC start up capitol. Is there a minimum number of years that they require your business to be established? Thanks!

Post: Briar bushes! Help!!

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Hahaha! I'd thought about the goats too! Oh goodie I just can't wait... Thank you @Linda Weygant and @Red Brown!

Post: Seed Capital

Matt GoodPosted
  • Real Estate Investor
  • Sandy, OR
  • Posts 113
  • Votes 15

Has anyone used these people? Good or bad? I've heard that they have some upfront fees depending on how much you borrow?