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21 November 2024 | 16 replies
If you're asking how to get a general purpose loan to the LLC, then that's not going to happen without several years of operating history and organized financials for a CRE lender to underwrite.
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21 November 2024 | 12 replies
Wholesalers typically do not carry Errors and Omissions (E/O) insurance, so even if the court rules in your favor, they might not have the financial means to compensate you.Furthermore, ensure that a reputable title company handles the transaction, as some companies may cut corners.
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23 November 2024 | 10 replies
I’m in my late 20s and not in a rush to retire, but my goal is to achieve financial independence in the next 10 years through real estate.I’m considering two options:Option 1: House Hacking with a Multifamily PropertyI probably have to use all my cash for the down payment, and the rent income won't cover the mortgage.
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20 November 2024 | 13 replies
It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!
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25 November 2024 | 22 replies
I would be totally open to it including an accounting software as well where I can see financials across all my properties because I'm tired of my current accounting program, Wave.
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20 November 2024 | 5 replies
You’re acting as the assignor, so once the assignment agreement is signed, the buyer takes on the financial responsibilities outlined in the PSA, including the EMD submission.
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21 November 2024 | 10 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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20 November 2024 | 4 replies
To refinance your Tesla under your LLC, consider lenders like Ally Bank, Taycor Financial, or National Funding, which offer business vehicle loans and may work with newer businesses if you provide a personal guarantee.
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21 November 2024 | 18 replies
Find GP’s who are pretty transparent with things like monthly financials, monthly summaries of operations, etc.
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27 November 2024 | 48 replies
@Deal H.I want you to get in the game too, I just want you to do so from a place of financial strength.