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6 December 2024 | 3 replies
I thought it might be looked at as a 2 bedroom if college kids use it to split the rent or something.On the other hand.
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8 December 2024 | 19 replies
The whole thing was a major hassle but totally worth it in the end.
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10 December 2024 | 39 replies
A Hotel is totally different, as is a RV park or camp resort.
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7 December 2024 | 150 replies
If you can get your hand on twice the note purchase price I'd think you'd be fine.
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6 December 2024 | 2 replies
Hi, I own/ operate handful of residential properties in the Marion county / sumpter county area (within 30 minutes of the villages).
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9 December 2024 | 6 replies
I know some mentioned about developing banking relationships and I totally agree with that, so here is what you do. 1) Open a business checking account in the name of your LLC to hold the assets. 2) Deposit your cash into that account to fund the real estate purchases3) After owning for 60-90 days, talk with a local lender about a line of credit against the 2 properties at 60% LTV. 4) After about 30-45 days, have the line open to use if you need that liquidity that you used, but until then you are not paying 7% interest on nothing.
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9 December 2024 | 1 reply
If cybercrime industry was a country in 2021, it would have been the world's third-largest economy after the U.S and China, totaling a 6 trillion USD in inflicted damages.
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5 December 2024 | 31 replies
I have watched a few videos, but I want to be able to learn from others and really get hands-on experience (In general, I want this to become my passion!)
7 December 2024 | 4 replies
I don’t focus on the total interest paid over time metric.
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10 December 2024 | 8 replies
As a general rule of thumb it's smart to pay for 10 - 20% of the total costs (purchase price + rehab) out of your pocket and then finance the rest with hard money.