Patrick Sears
Originating notes and tax burden
26 April 2019 | 4 replies
Yeah, I guess it isn't any different from what anyone who operates a normal business such as a Dominos franchise has to deal with.
Angel De La Mora Ovies
What is your rule of thumb to cash out rental property?
16 May 2019 | 5 replies
Most people that do BRRRR are not really in a spot to just leave it alone as they normally need to exit a hard money loan or cash out to get their initial investment out to put into another home.You should be able to find a lender that is able to cash you out between 70-80% so it just depends on if you just want to get what you put into it or if you want to max out your equity and use it all to reinvest.
Andre Martin
Transfer from Family member
27 April 2019 | 2 replies
After the repairs I would refinance out the money to give back to my family member what they would have recieved from a normal sale.
Neha Shah
BRRR for Rental - What's the best option?
1 May 2019 | 3 replies
But that is the nature of the beast and normally trumps the negatives due to the fact that now you have a large amount of cash to leverage for other properties.
Cameron Riley
Software to store all your home info, from RENT to Expenses...?
3 May 2019 | 22 replies
@Cameron RileyI understand not wanting to pay a little for something, but there are a few ways you can think of it, we spend money all the time for convenience and if you have a program or a system that will quickly allow you to do something and it’s as easy as any of the other things you may normally do out of convenience you would do this too.The problem I found was what program do I use?
Patrick Sears
Selling mobiles and carrying note or using MH lender?
29 April 2019 | 12 replies
If you lease option, you should sort of model it after the car market, as they have the lease / option thing nailed.
Hernan Guelman
Taxes out of state, how much?
2 May 2019 | 5 replies
Smaller accounting firms are more flexible on price(normally).With that said - it is a cost but I wouldn't expect it to be more than a couple hundred dollars.
Mike Johns
11 doors in 2 years investing while in the Military
29 April 2019 | 12 replies
Always loving hearing your success and how you took on a less then normal approach to investing!
Page Weil
How is DTI calculated and when am I safe to buy another door?
27 April 2019 | 3 replies
@Page WeilDTI is calculated as total liabilities (normally those reported on your credit report unless some debts do not show such as additional mortgages) divided by your total verfiable income.