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28 January 2025 | 14 replies
Of course, at the end, he plugs a masterclass with more specialized small group training for $3000 (money-back guarantee if not satisfied).
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27 January 2025 | 3 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
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31 January 2025 | 42 replies
When I click the link above I receive this message: "The item you’ve requested is not currently available in the U.S. store."
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3 February 2025 | 26 replies
Make sure the lender you choose has a strong background in this type of lending...check them out on Linked In to see their experience level.
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4 February 2025 | 7 replies
Quote from @Shawn Mcenteer: Hi @Michael Chalke I will DM you a link that may be what you are looking for.
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19 January 2025 | 18 replies
Here's a link https://www.oregon.gov/ODA/shared/Documents/Publications/FoodSafety/ServiceAnimalsposter.pdf You're mixing things up and only looking on a local level.
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2 February 2025 | 8 replies
Also know that you can't necessarily trust the NOI as presented, you must, must, must run the numbers.Here's a good link to start understanding the basics:http://www.noneman.com/pdfs/White_Paper_Cap_Rates....
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27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
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22 January 2025 | 4 replies
Here is a link that provides fantastic information on the turnkey investing option from BP.
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20 January 2025 | 7 replies
There isn't any guarantee that whatever you do will add significant value to the property.