
19 October 2024 | 5 replies
@Christopher J FuchsTo prepare for your first real estate investment, focus on building your credit score, market research, planning your investment, networking with investors, creating a savings plan, and exploring financing options.

21 October 2024 | 13 replies
Their credit wasn’t great, but they gave me the backstory and they were very communicative.

19 October 2024 | 1 reply
I have my mom on our LLC because of her great credit.

22 October 2024 | 17 replies
Contact local lenders, mortgage brokers, or even credit unions to understand the current rates and what your approval chances look like.

22 October 2024 | 10 replies
**Conventional Loan:**- Conventional loans might have better interest rates but often require higher credit scores and more personal income verification.- They might not be as flexible as DSCR loans for investment properties.

22 October 2024 | 15 replies
In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.

16 October 2024 | 18 replies
I'm in the business of real estate, not internet clout, but whatever makes you feel good about yourself buddy!

24 October 2024 | 27 replies
For instance, we tithe using cash and we use prepaid Visa credit cards, we don't take a tax write off for it and no one but me and my wife knows how much or where the money gets given to.

20 October 2024 | 6 replies
I'd also suggest building a relationship with a small local bank who might consider a business line of credit for you.

20 October 2024 | 14 replies
- Would you be willing to sell a portion of your stocks to pull out some funds, OR, can you get a line of credit against your stock portfolio?