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8 March 2024 | 6 replies
I would recommend you get a personal guarantee for the principal(s) of the LLC - that will be key in locking them into the loan.
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8 March 2024 | 3 replies
The same way we attack any debt we don't want to anchor us anymore- by punching it in the face with large principal payments.We buckle down, make our own coffee, brown bag our lunch and eat/drink at home or bring a picnic to the park Dave Ramsey style.
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9 March 2024 | 18 replies
So me as a principal broker if commission is 100k I keep it all as it's my company minus business expenses of course.
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8 March 2024 | 1 reply
Net Operating Income is simply your income left over after all business expenses, not including principal, interest, or any reserves (since those aren't expenses yet).
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8 March 2024 | 5 replies
RULE: "The seller must have owned the home and used it as their principal residence for two out of the last five years (up to the date of closing).
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11 March 2024 | 152 replies
Its funny how the same principals /adages for choosing real estate investment are the same for public markets, but applied nearly opposite...
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8 March 2024 | 10 replies
(generally takes 60-90 days to close an assumption)I purchased my most recent primary residence with a an assumable VA loan and am saving about $1,100 per month on my mortgage payment compared to a loan written at today's rates and I am also enjoying about 2.5x the principal paydown per month as well!!
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8 March 2024 | 13 replies
The bigger way is through appreciation and principal buy-down.
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9 March 2024 | 23 replies
(planning commission, BBB, town counsel members on the zoning and planning, banking references, and google all the principals).
7 March 2024 | 6 replies
John Roberts Jr is a CPA and one of the firm principals.