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13 December 2024 | 9 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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12 December 2024 | 6 replies
@Monica Juarez-Gonzales Cost Seg and Solo 401k are both great tax and financial tools!
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12 December 2024 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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12 December 2024 | 5 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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11 December 2024 | 4 replies
There's no way to guarantee things won't break, there are only ways to protect yourself financially so you can replace those items.
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15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
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11 December 2024 | 0 replies
This could free up more cash flow to reinvest in your deals.But here’s where it gets interesting: making the transition to an S-Corp can require a more organized financial structure, which includes separating your accounts, keeping clean records, and being prepared to pay yourself a reasonable salary as the business owner.
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10 December 2024 | 4 replies
I am hoping to get a better idea of the value of the land to determine if it makes sense financially to start the foreclosure process (the two notices have been sent).
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12 December 2024 | 2 replies
Reporting and Analytics ToolsDashboards for financial, operational, and tenant data analysis.
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10 December 2024 | 36 replies
(Finance of America, Civic Financial, a few other players) They raised rates on there 30Y product about two weeks ago.