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20 December 2024 | 3 replies
Just keep it real, keep it accessible, and make sure the value feels genuine rather than forced.
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18 December 2024 | 5 replies
I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.
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30 December 2024 | 103 replies
I know this might seem insignificantĀ to experienced investors,Ā but I just got the appraisal back from the bank this week and have access to about $145K in a HELOC so I'm creating CCCs around this number.Ā
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17 December 2024 | 1 reply
They could make more money by optimizing their operation and stopping the bleeding.
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23 December 2024 | 10 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
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15 December 2024 | 10 replies
This wasn't the service lineĀ in the street like the letter talked aboutĀ it was the line that went from the curb stop to the house.Ā
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18 December 2024 | 5 replies
Financing that next deal is our concern as we don't have cash reserves but we do have access to $100,000 equity in our current rental.
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17 December 2024 | 16 replies
I stopped buying sfh's as long term rentals here in illinois.
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17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.
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16 December 2024 | 4 replies
For a long-term hold, I wouldnāt be too concerned about the hill or alley access.