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19 January 2025 | 7 replies
@Justin FondrenIf your credit score is in the 700–730 range, you're in a great position to secure favorable loan terms.
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15 February 2025 | 21 replies
Every property i use it i make additional tweaks.
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20 January 2025 | 1 reply
• Is this a better strategy than using your own name, capital and credit to start out?
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22 January 2025 | 2 replies
Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.
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22 January 2025 | 4 replies
THe lender is a credit union and it is a conventional low rate loan.
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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9 January 2025 | 15 replies
I'm wondering if a BLOC could help to build my business credit.
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31 January 2025 | 22 replies
However if you had done a warranty deed (or a special warranty deed if you still have a mortgage on it) instead, your LLC has a claim against you for the issue on the title, and you in turn can go back to your initial title insurance to fix it.Some title insurance will allow to transfer the coverage to an LLC that you own 100%, but not all of them do or they may require an additional fee.
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27 January 2025 | 7 replies
@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?
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19 January 2025 | 5 replies
Ask for a line of credit.