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25 January 2025 | 12 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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28 January 2025 | 9 replies
Looks pretty detailed and might help you answer your own question!
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25 February 2025 | 15 replies
And, yes, in a lawsuit a judge might see that you are not treating your LLCs like a corporation and decide you do not deserve the protection that corporations provide.Sounds like you are being sold a lot of entities and nobody is telling you how to actually run them.I recommend this simple book from John Hyre on entities and asset protection to help.
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27 January 2025 | 0 replies
To avoid a dispute, it’s crucial to add the trust or LLC as an additional insured on the policy.”This is a simple but crucial step to help protect your home.Please share this post with your family and friends to keep them informed.
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24 January 2025 | 6 replies
I am seeking a partner with significant financial resources to help bring my vision to life.I am open to any advice or ideas you might have.Thank you, I agree with Jay, you will not find a lender to lend on this type of project but you are going to need to bring in an equity partner.
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27 January 2025 | 2 replies
Would love to hear any tips & info that would help me get started!
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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14 January 2025 | 37 replies
They aren't doing it to help syndicate investors.I don't know anything about this deal other than what I've read here, so take everything I say with a grain of salt...but this plan appears to kick the can for a year.
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28 January 2025 | 3 replies
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