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9 January 2025 | 2 replies
No problem, I had cash from a refi, a HELOC, and a personal LOC.
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10 January 2025 | 12 replies
I would be happy to discuss structure and feasibility as well as insight into my personal finances/personal stake into a deal with serious lenders/prospects.Even if you are reading this post and are not a lender but have valuable insight or experience with flips in Charlotte's market, please don't hesitate reaching out.
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11 January 2025 | 4 replies
I've done this personally and have helped a bunch of other investors do the same.
11 January 2025 | 12 replies
How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.
14 January 2025 | 7 replies
Account Closed It will only show on your credit report if the person who is holding the notes goes to a servicing company so it is recorded.
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15 January 2025 | 14 replies
That could be a PM or you can hire a person to work full time for you.
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27 December 2024 | 3 replies
If I had been tracking the assets via accounting, I would simply make a journal entry showing the LLC's assets and liabilities going to zero and transferring them to the Holding LLC or the LLC Members.
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14 January 2025 | 15 replies
To a point made by another person who commented, you may be able to have a lender do a 'one-off' portfolio loan at a 95% LTV if they trust you enough . good luck.
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12 January 2025 | 13 replies
During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.
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11 January 2025 | 1 reply
Did you have to jump through so many hoops and provide this level of personal information?