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21 November 2024 | 1 reply
If anyone is in need of a better business banking experience?
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28 November 2024 | 2 replies
First, when calling banks target the smallest most community based banks you can first.
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26 November 2024 | 9 replies
Wholesaling is a mirage that social media and fake gurus make seem easy when in reality, most fail miserably and spend their money on one month of marketing when everyone knows it takes six to eight months of cross-platform marketing to make stuff happen.My best advice is not to wholesale.
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2 December 2024 | 6 replies
I'll post updates here in case anyone wants to follow along.We syndicated in the states to fundraise enough for architectural renders, entitlement, legal, and to pay off the land. 1/4 of total funds required have been deposited in our bank account.Convinced a world-class architect to do luxury design for us.
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5 December 2024 | 34 replies
Do you have their banking info?
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2 December 2024 | 10 replies
The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.
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3 December 2024 | 9 replies
Do you just do a typical loan/mortgage with a bank and use money in your savings account to put a down payment.Just trying to figure out what is the best method to put a down payment.
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21 November 2024 | 6 replies
You should have separate LLCs and separate bank accounts for flips and rentals.
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4 December 2024 | 9 replies
Talk to a few local banks and get preapproved - the best financing will be for properties you choose to occupy, so I'd recommend getting something with at least two units.
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27 November 2024 | 6 replies
We operate in a broken system that is ripe for abuse and fails to protect us.