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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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19 December 2024 | 22 replies
If your realtor is listing it for free and not helping, that's not much help since leaving you to screen tenants and run through leads is like asking you to perform knee surgery, you don't know what you are doing.All rental listings should get bombarded on Zillow Rental Manager and HotPads, etc in the first week so if you have limited activity, your price is either too high or the photos are bad and the copy about the place is bad.Use something like RentSpree from screening.
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21 December 2024 | 10 replies
Once a month may be difficult for some borrowers and lead to strain on advancing the project.
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20 December 2024 | 8 replies
Let’s say that the sale generates $300k profit for simplicity.
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19 December 2024 | 6 replies
Since you know who you want to serve, try to tailor your listing to make it easy for them to say, "yes".General advice: MTRs are attactive to a lot of people because of the increased cash flow, but it's the appreciation over time that really generates wealth in real estate.
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21 December 2024 | 14 replies
As long as the property generates enough cash flow, you may qualify based on the asset alone.Another route is to explore portfolio loans from local banks or credit unions.
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20 December 2024 | 12 replies
Fewer than 20 have signed up.You can lead a horse to water...
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17 December 2024 | 16 replies
Additionally, how are you navigating the refinance stage, with lenders tightening up are you still Able to generate your desired profit by refi?
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19 December 2024 | 82 replies
Guys like Pace Morby will tell you it’s not rocket science.The “learn-as-you-go” mindset can lead to costly mistakes that are avoidable with the right foundation.
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16 December 2024 | 11 replies
You make revenue here and there but the goal is to generate enough in the winter to sustain all the expenses for the entire year.