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15 July 2024 | 23 replies
I myself chose the suburbs of Youngstown Ohio to get started in, statistically one of the least desirable metros in the nation.
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16 July 2024 | 3 replies
Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.
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16 July 2024 | 8 replies
We've reached out to several national lenders, but since our property is zoned agricultural it was a non-starter.
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16 July 2024 | 0 replies
When not 'full income' verification, which can even allow for high 55%+ DTI there are alternative income verification guidelines like bank statement, P&L, DSCR, Foreign National, Asset depletion, bridge and portfolio programs that allow expanded ways for borrowers to qualify.
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16 July 2024 | 8 replies
For me personally I like mid-sized/regional bank as you are not just a number like with a national bank, but they still have some of the bells and whistles like good online tools that small banks lack.
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16 July 2024 | 0 replies
Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.
15 July 2024 | 5 replies
I've finally hit the required 3,500 points required for the NYS Broker License and I was planning on filing as a corporate broker.
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20 July 2024 | 59 replies
When the cost of an employee isn't recovered by that employee's work, then that employee is gone, or at least placed where their cost is self sustaining.Every property is (or should be as) its own separate self sustaining business, much like Little Caesars has many businesses under that corporate name.
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15 July 2024 | 8 replies
(I would be concerned about 'piercing the corporate veil' if I intermingle personal with business, but am not sure if the above example is intermingling or not.)
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15 July 2024 | 9 replies
I have an internship set up with a corporate company that will hire me full time after I finish school (hopefully haha!).