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1 January 2025 | 12 replies
A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate) AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.
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26 December 2024 | 9 replies
I have personally stayed in one of these places where the main house is separated, and only the basement space which has a walkout entrance, its own kitchen, and two bathrooms would be rented out an Airbnb.
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28 December 2024 | 3 replies
A new person doing an OOS BRRRR right now is ripe for a loss.
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2 January 2025 | 10 replies
The thing that the gurus never tell anyone is that the majority of creative finance deals are done by investors who don't need creative financing, that is their leverage and why they can walk away, thereby making them more attractive then the one person who can only do the deal one way because they have no money of their own.
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25 December 2024 | 10 replies
I also use Hubspot for my personal projects but really like Pipedrive as a paid CRM.
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24 December 2024 | 9 replies
If someone injures themselves and sues, they will be suing the LLC and not you personally.
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27 December 2024 | 2 replies
Personally that would be a pain to maintain and do lol
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27 December 2024 | 4 replies
This will be based on the personal details of your business.
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3 January 2025 | 45 replies
Personally, we would not do that deal.
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8 January 2025 | 14 replies
When I go to get more work done, I use the person that was fairly priced and met my expectations that first time, I do not shop around again for the lowest deal.